I have written articles about ProQuest a number of times recently. The company is well-known in genealogy circles for its product HeritageQuest Online. The company produces online databses of U.S. census records, more than 25,000 local and family history books with every word indexed, Revolutionary War pension records, Freedman's Bank records and more.
Now the Ann Arbor (Michigan) News says that ProQuest is in a fight for survival.
The company has been in the midst of an internal investigation into accounting problems that led the public company to overstate its revenues by more than $80 million in just under five years.
Reporter Mike Ramsey says that the accounting problems at ProQuest Co. raise questions about whether the company will continue to exist - at least under that name - even as it begins moving into a new $34 million headquarters building on Eisenhower Parkway next Monday.
You can read Mike Ramsey's article at http://www.mlive.com/business/aanews/index.ssf?/base/business-4/1146996814187040.xml&coll=2
You can read my previous articles at http://blog.eogn.com/eastmans_online_genealogy/2006/02/proquest_to_res.html, http://blog.eogn.com/eastmans_online_genealogy/2006/04/proquest_cuts_w.html and at http://blog.eogn.com/eastmans_online_genealogy/2006/04/proquest_may_se.html