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$4B Deal Shakes Up Educational Publishing

Houghton snaps up Harcourt divisions from Reed Elsevier

By M. Morris, Newser Staff

Posted Jul 16, 2007 5:09 PM CDT

(Newser) – Educational-publishing giant Houghton Mifflin grew even bigger today, agreeing to acquire three of Reed Elsevier's divisions for $4 billion. Boston-based Houghton will pay $3.7 billion in cash and the remainder in stock of its parent company for the Harcourt Education, Harcourt Trade, and Greenwood-Heinemann... Read full story »

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Houghton changed hands last year for $1.7B
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Houghton made its name as a trade publisher
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$4B Deal Shakes Up Educational Publishing

Houghton snaps up Harcourt divisions from Reed Elsevier

Details of the deal

McGraw-Hill

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