Houghton Mifflin Files For Bankruptcy Protection

“Houghton Mifflin Harcourt Publishers Inc, whose textbooks have been a staple in American schoolhouses for decades” – and which publishes such evergreens as the Curious George series and Tolkien’s Lord of the Rings trilogy – “filed for Chapter 11 bankruptcy protection on Monday after agreeing with creditors to eliminate $3.1 billion of debt.”