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HM Riverdeep to Buy Harcourt Education
Publishers Weekly reported last week that the HM Riverdeep
Group has agreed to acquire the U.S. business operations of Harcourt
Education for $4 billion. The deal, which is expected to close
later in 2008, includes Harcourt's elementary school publishing
businesses as well as Harcourt Trade. Harcourt Education includes
the pre-K through grade 6 publisher Harcourt School Publishers;
Holt, Rinehart and Winston, publisher for grades 6-12; the supplementary
publisher Harcourt Achieve; and the library reference publisher
Greenwood-Heineman.
The acquisition will make HM Riverdeep one of the largest educational
publishing companies in the country.
Questions, ideas, or
in need of more information? Please contact Stacey
Pusey at 302-295-8349.
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Publishers Weekly
"Deals
in Textbook Business Make Irishman a Leader in U.S. Publishing"
The New York Times
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