Educational publishers McGraw-Hill Education Inc and Cengage Learning Holdings I...
FILE PHOTO - Students study in the Reading Room at Suzzallo Library on the University of Washington campus in Seattle, Washington, U.S., September 20, 2018. REUTERS/Lindsey Wasson
The merged company will be named McGraw Hill and will hold about $3.16 billion in annual revenue, both companies had earlier told the Wall Street Journal, which first reported the deal. Cengage Learning Chief Executive Officer Michael Hansen will head the new firm, McGraw-Hill confirmed.
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