The company filed for Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas, according to a company statement on Tuesday. It listed assets and liabilities of $1 billion to $10 billion each in its petition, court documents show. Anthology will sell its Enterprise Operations, Lifecycle Engagement, and Student Success businesses, the firm said in the statement. Ellucian Company LLC is the stalking horse bidder for the Enterprise Operations business including Anthology Student, Finance & HCM, Student Verification, and Enterprise Ops Legacy. Encoura, LLC is the stalking horse bidder for the Lifecycle Engagement business, including Anthology Encompass, Reach, Engage, Advance, and the Student Success business, it added.