July 28, 2014

Apollo Considering Selling Off Professional Arm of McGraw-Hill Educational

Less than a year after purchasing the struggling textbook, reference, and professional business of McGraw-Hill (now known as McGraw-Hill Financial), the private equity firm Apollo Global Management (AGM) may be looking to slim down its purchase. Reports indicate the management group is shopping the professional components of McGraw-Hill Educational (MHE), which focuses on publications and digital resources for workers looking to improve their skills and continue their education.

Textbook Publishers Settle Counterfeit Claims

Cengage Learning, John Wiley and Sons, Pearson Education, and McGraw-Hill Education settled five copyright and trademark infringement claims related to counterfeit textbooks, the companies announced recently. The five distributors who agreed to settle the publishers’ claims are: Kentwood Industries in California, Texas Book Company in Texas, Sterling Educational Media in Florida, Davis Textbook in California, […]