Anthology Inc. Files for Bankruptcy After Failed Sale

Anthology Inc., a company that provides software for education, has filed for bankruptcy.

This happened because the company had too much debt from a previous purchase.

The company's business has also been doing poorly lately, and the rising interest rates have made their debt even harder to manage.

They had hoped to sell parts of the business but were unsuccessful.

Now, they will sell some of their different software divisions to other companies.

This is a result of economic factors impacting the tech industry.