Entertainment Book publisher closes, files for bankruptcy
Entertainment Promotions, known for its thick coupon book, abruptly closed its doors after 50 years Tuesday, laying off 667 employees, including 225 at its Troy headquarters.
The Chapter 7 bankruptcy filing also surprised its customers across the country, which include many schools that sell the books for fund-raisers.
Despite the closing, as of Tuesday afternoon, Entertainment Promotions' website was still taking orders for books. The company's Facebook and Twitter pages were still posting offers for the books on Tuesday morning.