Reader's Digest calls in restructuring specialists

Reports this afternoon from usually reliable Bloomberg News suggests that all is not well at Reader's Digest. The company is reported to have hired Kirkland & Ellis LLP to advise it on restructuring. Kirkland and Ellis are also well known for overseeing bankruptices.Founded in 1922, RDA was a public company from 1990 through 2007, when it was bought by investor group led by Ripplewood Holdings