Inside the Australian and New Zealand book industry

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Houghton Mifflin to buy Harcourt US

The US schools publishing businesses of Harcourt have been sold to competitor Houghton Mifflin Riverdeep for US$4 billion (A$4.4 billion). The purchase concludes the sale by Reed Elsevier of Harcourt Education, following the sale of Harcourt Education’s international divisions to Pearson--although Reed Elsevier will retain a small shareholding in Harcourt US as part...

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Category: Local news