Independent Canadian publisher D&M–which owns Douglas & McIntrye and Greystone Books–announced Monday evening it intends to file for bankruptcy protection. The company said in a short statement “it has filed a Notice of Intention to make a proposal under the provisions of the Bankruptcy and Insolvency Act.” As part of that process, “D&M management will be working with the Bowra Group to locate an investor or purchaser for its assets.” Current ownership purchased a majority interest in D&M in 2007, with former investment banker Mark Scott leading an investor group that included “two of the founders of one of Canada’s largest and […]
