Houghton Mifflin getting out of the college textbook market

Breaking News

Houghton Mifflin said Monday that the publishing company had agreed to sell its college textbook division to Cengage Learning (formerly Thomson Learning) for $750 million in cash. Houghton said the deal would allow it to focus on its elementary and secondary school market, following on its $4 billion purchase this summer of Harcourt Education.

comments powered by Disqus