Houghton Mifflin Harcourt buys Scholastic's EdTech

Houghton Mifflin Harcourt (HMH) has struck an agreement to buy Scholastic's Educational Technology and Services business (EdTech) in a deal worth $575m. HMH said the deal, which will be done in cash subject to working capital adjustments, would put the Boston-based company in "a leading position in intervention curriculum and services and extend its product offerings in key growth areas." Continue reading at 'The Bookseller'

[ The Bookseller | 2015-04-25 00:00:00 UTC ]
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