Apollo Group may repossess Cengage and combine with McGraw-Hill, NY Post says Apollo Global (APO) has significant debt position in Cengage Learning and may trip its loan covenants by 2013 or 2014 at the latest, reports the New York Post. According to unnamed sources, Apollo may then plan to repossess Cengage and combine it with McGraw-Hill (MHP) to significantly cut costs. Reference Link
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