Publishers Ask Court to Liquidate Steimatzky: 'We Are Owed 7.5 Million Shekels’

Publishing houses object to bookstore chain’s demands for a 30% discount on debts and delayed payments.

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After not being paid for months, a number of publishers have asked a court to liquidate the Steimatzky bookstore chain – even though it seemed the sale of the chain by private equity fund Markstone Capital...