McGraw-Hill to Split Into Two Public Companies
The textbook publisher McGraw-Hill announced today that it plans to split its business and educational divisions into 2 separate publicly-traded companies. The 2 new companies would include McGraw-Hill Markets, which will be focused on providing services to business, and McGraw-Hill Education, which will focus on overcharging students and contain the textbook publishing and education units.
McGraw-Hill Markets is expected to have around $4 billion in revenue this year, and it will retain S&P, J.D. Power and Associates, and other business services providers.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in