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April 7, 2022By Michael Cader

Finance: HMH Sale Closes, Quarto Owner Keeps Buying, NPD to Merge with IRI

April 7, 2022By Michael Cader

Private equity firm Veritas Capital formally completed their purchase of Houghton Mifflin Harcourt, valuing the shares at roughly $2.8 billion. Now a private company again, the shares no longer trade on the NASDAQ. CEO and managing partner of Veritas Ramzi Musallam says in the release: “This acquisition underscores Veritas’ commitment to investing in businesses that leverage technology to make a positive impact, and we see vast opportunity for innovation and impact in the education technology market. We look forward to working with Jack [Lynch] and the leadership team and bringing to bear our expertise in K-12 education as HMH executes […]

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