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Stock Market & Financial Investment News

News Breaks
March 22, 2013
12:47 EDTAPO, MHPMcGraw-Hill completes sale of education business to Apollo Global
McGraw-Hill (MHP) completed the sale of its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management (APO). As previously disclosed, the purchase price was $2.4B in cash. The company is using a portion of the approximately $1.9B in after tax proceeds from the sale to pay down short-term debt, in part driven by the special dividend paid in 2012, to resume share repurchases and to make selective tuck-in acquisitions.
News For MHP;APO From The Last 14 Days
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August 4, 2015
17:07 EDTAPOOM Group reaffirmed recommendation that holders vote in favor of merger
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August 3, 2015
08:39 EDTAPOApollo Global management to meet with Evercore ISI
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July 29, 2015
07:14 EDTAPOApollo Global reports Q2 ENI 38c, consensus 35c
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06:35 EDTAPOTreeHouse, Post join bidding war for ConAgra's Ralcorp, Reuters reports
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July 24, 2015
15:17 EDTAPOCapital One, Apollo Global weigh final bids for GE unit, Bloomberg says
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