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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: McGraw-Hill

McGraw-Hill stories: 4 news summaries

 Bloomberg Gets 
 BusinessWeek for $5M 

Financial-news giant founded by current NYC mayor promises it won't gut mag

Oct 13, 09 9:23 PM CDT
(Newser) - Financial-news giant Bloomberg is the winning bidder for BusinessWeek, acquiring the 80-year-old magazine for between $2 and $5 million from parent McGraw-Hill, plus any liabilities associated with the purchase—not exactly a princely sum. “We are not buying BusinessWeek to gut it. We are buying it to build it,... More »

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mergers and acquisitions • publishing • BusinessWeek • McGraw-Hill • Bloomberg LP • financial data

 Downturn Hammers 
 Magazine Industry, Too 

Condé Nast, Time, McGraw-Hill cut jobs as ad dollars slow

Oct 31, 08 2:40 PM CDT
(Newser) - The economic downturn is taking its toll on magazines, forcing layoffs and budget cuts as publications face fewer advertising dollars, Women’s Wear Daily reports; the trouble is compounded as production costs soar while readers turn to the Internet. Magazine ad revenue fell 5% in the first three quarters of... More »

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New Yorker magazine • Vogue • Conde Nast • magazine industry • magazine publishing • McGraw-Hill • Portfolio

 Feds Hunt for Scams
 in Crude Oil Trading 

Speculators may be driving up crude by manipulation

May 30, 08 7:55 AM CDT
(Newser) - Federal regulators are investigating whether rocketing oil prices are being driven up by speculators manipulating futures markets, reports the Wall Street Journal. The nationwide probe involves several separate investigations. Authorities suspect that a widely used price reporting system may be artificially influenced and that some oil storage facilities may be... More »

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insider trading • futures market • gas prices • oil price • Commodity Futures Trading Commission • New York Mercantile Exchange • Financial Services Authority • jet fuel • Bart Chilton • oil industry • Platts • McGraw-Hill • oil futures • Intercontintental Exchange

$4B Deal Shakes Up Educational Publishing

Houghton snaps up Harcourt divisions from Reed Elsevier

Jul 16, 07 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 imprints, Reuters reports, leaving the... More »

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McGraw-Hill

4 Stories


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