Reader’s Digest Association Up for Grabs

Company reportedly hoping for a $1 billion sale

After emerging from a prepackaged bankruptcy in early 2010 and undergoing some major executive shuffling in the past few months, Reader’s Digest Association is putting itself up for sale—and is hoping for a $1 billion offer, sources told The Wall Street Journal.

@adweekemma Emma Bazilian is Adweek's features editor.