TITLE

Houghton Mufflin's $4B Acquisition of Harcourt Stirs the Juices of Educational Publishing Industry

PUB. DATE
July 2007
SOURCE
Educational Marketer;7/23/2007, Vol. 38 Issue 14, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issues concerning the $4 billion acquisition of Harcourt Inc. by Boston, Massachusetts-based Houghton Mifflin Co. The educational publishing industry is intrigued by the pending transaction of the two companies due to the high debt load and how they will be integrated. Meanwhile, Houghton Mifflin has signed a definitive agreement to acquire the firm, which put Harcourt up for sale in February 2008.
ACCESSION #
26011150

 

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