Cengage, McGraw-Hill Agree to Merge to Become 2nd Biggest US Textbook Publisher
Edsurge
MAY 1, 2019
The new company will retain the McGraw Hill name, but will be led by Michael Hansen, currently the CEO of Cengage. Like other established textbook publishers, both companies have reoriented their businesses around digital offerings. McGraw-Hill Education filed for an IPO in 2015 but withdrew three years later. billion in 2013.
Let's personalize your content