The shareholders’ meeting of Hoepli, the historic publishing house and symbol of Milanese culture, has resolved to voluntarily dissolve the company and place it into liquidation “following a difficult and in-depth review of the overall situation.” The company itself announced this.
The statement continues that voluntary liquidation was deemed “the only legally appropriate solution to avoid the dispersal of the company’s assets and ensure, to the extent possible, their best protection” due to “negative operating results correlated with the forecasted performance of the publishing and book market and the significant impossibility of resolving the burdensome internal conflict within the company.” The meeting, it is further…