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McGraw-Hill and Cengage Plan Merger

May 1, 2019
 
 

McGraw-Hill Education and Cengage plan to announce a merger today, The Wall Street Journal reported. The combined company would be the second-largest provider of textbooks and other materials for higher education in the country, behind Pearson. The deal requires regulatory approval. The combined company would be called McGraw-Hill and would be led by Michael Hansen, CEO of Cengage.

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