McGraw-Hill completes sale of education unit to Apollo

Posted on: 03/22/13

New York—McGraw-Hill Cos. today completed the sale of its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management. The previously announced purchase price was $2.4 billion in cash. McGraw-Hill Cos., which will serve the global capital and commodity markets, ...

McGraw-Hill to sell Education unit to Apollo Global Management for $2.5 billion

Posted on: 11/26/12

New York—McGraw-Hill Cos. has signed a definitive agreement to sell its McGraw-Hill Education business to Apollo Global Management for $2.5 billion. The transaction, which is expected to close this year or in early 2013, is subject to regulatory approval.

McGraw-Hill separation into two companies on track

Posted on: 07/11/12

New York—McGraw-Hill Cos. has filed an initial Form 10 registration statement with the Securities and Exchange Commission. The filing indicates that the company's previously announced division into two entities—McGraw-Hill Financial and McGraw-Hill Education—is on track to take place by the end of...