Markets

McGraw-Hill Sale Redefines ‘Big Three’ Education Publishers

By Catherine A. Cardno — November 27, 2012 1 min read

In case you missed it, Marketplace K-12 blogger and Education Week reporter Jason Tomassini has a blog post up about the implications of yesterday’s announcement that McGraw-Hill Companies has agreed to sell its education division to New York City-based private equity firm Apollo Global Management for $2.5 billion. As Tomassini points out, the move places Apollo Global Management squarely among the “big three” of education publishers, a group which also includes Pearson and Houghton Mifflin Harcourt.

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A version of this news article first appeared in the BookMarks blog.