Latest News

Veritas bidding to take Houghton Mifflin private – Bloomberg News

© Reuters.

(Reuters) -Veritas Capital is bidding to take educational publisher Houghton Mifflin Harcourt Co private, Bloomberg News reported on Sunday citing people familiar with the matter.

The private equity firm could merge Houghton Mifflin with its portfolio company Cambium Learning Group, the report added citing one of the people. (

Veritas Capital and Houghton Mifflin declined to comment. Cambium Learning did not immediately respond to a request for comment.

As of Friday’s close, Houghton Mifflin Harcourt’s market capitalization was $2.3 billion, according to Refinitiv Eikon data.

Founded in 1832, Boston-based Houghton Mifflin caters to more than 50 million students and 3 million educators in 150 countries.

Veritas bidding to take Houghton Mifflin private – Bloomberg News

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News