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Reader's Digest files for bankruptcy

Updated: Monday, February 18 2013, 08:53 AM EST
(NEWSCHANNEL 3) - We're learning an iconic magazine is filing for bankruptcy.

Reader's Digest has filed for its second bankruptcy in just 3 ½ years.

The Wall Street Journal is reporting the magazine's publisher made the filing late Sunday night.

According to its website, Reader's Digest has been in continuous publication since 1922.

Reader's Digest files for bankruptcy
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