Houghton Mifflin Harcourt. Houghton Mifflin Harcourt completes divestiture of HMH Books & Media for $349 Million. Learning technology leader Houghton Mifflin Harcourt completed its previously announced divestiture of its consumer publishing business, HMH Books & Media, to HarperCollins Publishers, a division of News Corp, a global, diversified media and information services company, for a cash purchase price of $349 million. Net proceeds to HMH were approximately $337 million after transaction fees. [Full Announcement].
Houghton Mifflin Harcourt. Houghton Mifflin Harcourt acquires ebook and technology assets from MeeGenius, strengthens at-home digital content offering for early learners. Global learning company Houghton Mifflin Harcourt (HMH) has acquired select eBook and technology assets of MeeGenius — an eBook subscription service for children aged up to eight years old. The acquisition marks the Company's latest investment in high-quality digital content for parents and young learners and supports its ongoing strategic focus on the direct-to-consumer market. [Full Announcement].