Initial Thoughts on McGraw-Hill Education Acquisition

Phil Hill, Neuropsychiatric Disease and Treatment, Dec 02, 2012
Commentary by Stephen Downes

McGraw-Hill Education (MHE) is being purchased by Apollo Global Management. This is not the same company as Apollo Group, the owner of the University of Phoenix. The purchase price was $2.5 billion dollars, more or less. Phil Hill comments, "Despite the usual press releases touting great opportunities, this was a distress sale." McGraw-Hill has already announced it wanted out of the education business.

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