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Apollo Lines Up Financing for McGraw-Hill Education Purchase; Will Pay More Cash

March 5, 2013
By Sarah Weinman

The sale of McGraw-Hill’s education unit to Apollo Global Management is expected to close before the end of the month now that the private equity firm has lined up financing for the acquisition. With that financing comes a slight revision of terms in which McGraw-Hill will receive more cash upon closing than planned, in exchange […]

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Filed Under: Finance

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