Quality Books Files for Bankruptcy
Quality Books, the Oregon, Ill., book distributor to schools and libraries, has filed for bankruptcy. In a letter sent to creditors last week, the company said that during the past few years it has "incurred substantial debt which it is unable to repay." After several meetings, the letter continued, the owners "found that they could no longer meet their obligations" and decided to liquidate the company's assets. Click Read More below for additional information.