Tag Archives: MHP spinoff

McGraw-Hill Talking Education Unit Sale With Apollo

Could we be losing one of the most anticipated spins of the year? Might be, as McGraw-Hill (MHP) entered into exclusive negotiations with Apollo Global Management (APO) regarding the possible sale of its education unit. The company had been preparing itself for a spinoff, but was simultaneously running a bidding process for the unit. Final offers were submitted… Read More »

Time To Break Up?

Activist investors appear to be back and are once again using their clout to influence corporate decision making. Occasionally, this can lead to a spinoff such as the case with Bill Ackman’s Pershing Square and Fortune Brands (FO) or Carl Icahn and Motorola. Of course, not every company is looking for outside ‘advice’. Consider the recent news regarding… Read More »