McGraw-Hill (MHP) to Sell Education Business in $2.5B Deal with Apollo (APO)
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McGraw-Hill (MHP), Apollo (APO) Complete Education Business Deal
March 22, 2013 12:49 PM EDTThe McGraw-Hill Companies (NYSE: MHP) completed the sale of its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC (NYSE: APO). As previously disclosed, the purchase price was $2.4 billion in cash.
Going forward, the new Company, a high-growth, high-margin business serving the global capital and commodity markets, will be renamed McGraw Hill Financial, subject to shareholder approval, in the second quarter of this... More
McGraw-Hill Cos. (MHP) Resumes, Shares up ~2.5%
November 26, 2012 9:54 AM ESTMcGraw-Hill Cos. (NYSE: MHP) resumes trading, shares are up about 2.5 percent early.... More
Apollo May Acquire McGraw-Hill (MHP) Education Business
November 26, 2012 9:05 AM ESTAccording to reports in the New York Post, private equity firm Apollo Global (NYSE: APO) is considering a deal to purchase McGraw-Hill's (NYSE: MHP) education business for a price of between $2 billion and $3 billion.
McGraw-Hill... More
