ams banckruptcy update, buyout imminent

by Violet Blue on January 22, 2007

Wow, so as I read in the RE/Search email newsletter, it looks like the offer to buy out book distributor PGW is official — subject to the bankruptcy court’s approval, of course. But that means all of us will only be getting 70% of the money owed to us.

Someone remind me the relevancy of writing books the old-fashioned way so I can crawl to the finish on my book deadline this week. Please.

Link: Perseus Makes Formal PGW Offer; Levy Next? (thanks, Thomas; background on the AMS bankruptcy here)

Update: Galleycat has good coverage of the Wall Street Journal’s piece on the AMS bankruptcy (which is retardedly behind a reg wall — boo on you, WSJ).

Violet Blue

The London Times named Violet Blue "One of the 40 bloggers who really count" and Self Magazine named TinyNibbles one of the “Best Sex Resources for Women.” Blue is an autodidact and pundit on sex and technology, hacking and security, porn for women, privacy and bleeding-edge tech culture. She is a journalist for ZDNet, CBS News, CNET; she's an educator, speaker, crisis counselor, volunteer NGO trainer, and the author and editor of over 40 award-winning books.

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