Cengage, McGraw-Hill Agree to Merge to Become 2nd Biggest US Textbook Publisher
Edsurge
MAY 1, 2019
Cengage and McGraw-Hill Education plan to join forces in an all-stock merger. textbook publisher if the deal is approved, with a combined valuation estimated at $5 billion. Like other established textbook publishers, both companies have reoriented their businesses around digital offerings. Pearson, with a market cap of $8.5
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