Monday, July 16, 2007

Houghton Mifflin to buy Reed's Harcourt arms for $4 bln

(Reuters) - The deal value consists of $3.7 billion in cash and $300 million in common stock of Houghton Mifflin Riverdeep Group Plc, Houghton Mifflin's parent company.



The combined business will be led by Tony Lucki, chief executive of Houghton Mifflin and former chief of Harcourt Education and Harcourt Inc.


Read more at Reuters.com Mergers News

No comments: