McGraw-Hill Education Spin Off “Remains On Track”

Despite previous speculation that the company might sell, rather than spin, its Education business, in today’s earnings announcement, McGraw-Hill(MHP), provided an update on the spinoff plan, and stated that it “remains on track to establish two separate industry leaders by year-end.” The company “has received a ruling from the Internal Revenue Service agreeing to the tax-free status for… Read More »