UPDATE: Citi Upgrades Houghton Mifflin (HMHC) to Neutral

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Houghton Mifflin Harcourt Announces Strategic Restructuring to Accelerate Transformation, Align Cost Structure to Support Digital First, Connected Strategy

October 1, 2020 8:05 AM EDT

BOSTON, Oct. 1, 2020 /PRNewswire/ -- Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced a strategic restructuring to accelerate its digital transformation and align its cost structure with its digital first, connected strategy. These steps will further streamline operations and better enable HMH to support teachers and students with digital first, connected solutions that drive successful outcomes in remote, face-to-face and hybrid learning environments.

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