McGraw Hill: Investors Want a Break Up

L.McMaken
8-22-11
Cincinnati, OH

An “activist” investment firm Jana Partners LLC and the Ontario Teachers PensionPlan, have combined forces to acquire 5.2% of stock in McGraw Hill, and are calling for the publishing house to divide it’s corporate companies.

The investors want McGraw Hill separate or sell it’s education business. Jana is also a major investor in several corporations where they have divested and separated their companies enabling them to earn larger profits then if the company stayed whole.

McGraw Hill was founded in 1888 and has been a family owned business since then. It is comprised of four divisions; Standard & Poor’s rating bond services, McGraw Hill Information & Media, McGraw Hill Education and McGraw Hill Financial. Standard & Poor is the largest division and the most profitable.

McGraw Hill also owns a number of broadcasting businesses and earlier this year hired Morgan Stanley to review those assests in what many investors think is the beginning efforts to sell them. Jana and the Ontario Teachers PensionPlan want McGraw Hill to sell it’s less profitable educational division creating stand-alone companies for it and Standard & Poor.

Similar Articles

Comments

FOLLOW US

2,027FansLike
3,238FollowersFollow
10,100SubscribersSubscribe

Recent Book Trailers

Instagram

Advertisment

Don't Miss

There’s a Book for That: Inauguration Day

0
The inauguration of Joe Biden as the 46th President of the United States begins at noon (ET) today, Wednesday, January 20. The inaugural ceremony...

SNEAK PEEK: D (A Tale of Two Worlds): by Michel Faber

0
D (A Tale of Two Worlds): by Michel Faber “Glorious. A story that will be found and enjoyed and dreamed about for years to come.”—Neil...

Martin Luther King Jr. Day – Remember and Celebrate

0
A man of substance and integrity. We celebrate Martin Luther King Jr. today, but we feel the vibrations of his influence through history into...

Hourglass Socioeconomics: Principles & Fundamentals by Blaine Stewart

0
Here's our interview with Blaine Stewart on Hourglass Socioeconomics: Principles & Fundamentals. https://youtu.be/ELHangieSL4 We can not sustain a system where a river runs into a wasteland...

Bookstore Spotlight: BOOK CULTURE

0
Book Culture has three different locations in New York and offers so much! Are they open for physical browsing? YES Open for order pick up and...

Spinster Kang by Zoe S. Roy Sneak Peek

0
A sneak peek of The Spinster Kang by Zoe S. Roy! Blurb: Thirty-two-year-old Kang is a new immigrant in Toronto. Having an older sister who was...

17 Cents and a Dream Dan Milstein USSR Memoir – Memoir Monday

0
Daniel Milstein's 17 Cents & a Dream is a harrowing story about how his mother, father and brother escaped the oppressive government of the...

Actor/Comedian Kevin Hart to Publish Middle-Grade Series with RHCB

0
Comedian, actor, producer, and entrepreneur Kevin Hart will release his debut children’s book, MARCUS MAKES A MOVIE, to be published by Crown Books for Young Readers, an imprint...

Podcasting Made Simple by Daniel Larson

0
Podcasting Made Simple: The Step by Step Guide on How to Start a Successful Podcast from the Ground up by Daniel Larson is an...

SNEAK PEEK: The Iron Queen Special Edition (The Iron Fey Book 3)

0
The Iron Queen Special Edition (The Iron Fey Book 3) by Julie Kagawa With more than one million books sold in North America and editions...