Reported about 10 hours ago
Veritas Capital is in the process of planning a merger between Cambium Learning Group and Houghton Mifflin Harcourt, both educational companies in its portfolio. The firm acquired Cambium in 2018 and HMH in 2022, with ongoing discussions about the merger but no formal decisions made yet. Both companies together have significant outstanding debts and serve millions of students across the US and globally.
Source: YAHOO