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Except for $76 Million In Charges to Fire 800 People, McGraw-Hill Ends 2011 On A Positive Note

January 31, 2012
By Sarah Weinman

McGraw Hill reported fourth quarter earnings Tuesday morning, with an abundance of measures of adjusted, diluted, continuing operations that seem designed to conjure victory from accounting and confuse reporters. The big excluded items are a $66 million restructuring charge related to severance for about 800 employees laid off during the quarter and another $10 million in “one-time […]

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Filed Under: Earnings Reports, Publishers

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