McGraw-Hill Education, Inc/Cengage Holdings II, Inc [Archived]

The following Competition practice note provides comprehensive and up to date legal information covering:

  • McGraw-Hill Education, Inc/Cengage Holdings II, Inc [Archived]
  • Case facts
  • Timeline

McGraw-Hill Education, Inc/Cengage Holdings II, Inc [Archived]

CASE HUB

ARCHIVED–this archived case hub reflects the position at the date of the cancellation of the investigation on 4 May 2020 after the abandonment of the transaction; it is no longer maintained.

See further, timeline.

Case facts

OutlineUK merger investigation into the anticipated acquisition by McGraw Hill Education, Inc of Cengage Holdings II, Inc. The transaction involves horizontal overlaps in the supply of higher education textbooks.

Latest developmentsOn 5 May 2020, the CMA formally cancelled its phase 2 investigation after the parties decided to abandon the proposed transaction.

Parties• McGraw-Hill Education, Inc (MHE): MEH is a US based company that publishes educational materials. It delivers content, tools and services through digital print, digital and hybrid solutions for pre-nursery, secondary school, college, university and professional learning, and information markets on a worldwide basis.

• Cengage Holdings II, In (Cengage): Cengage is a US based company that develops learning solutions. It offers courses for instructor and trainer development, supplementary information, certifications, and online training services. Cengage Learning operates worldwide.

BackgroundOn 1 May 2019, MEH and and Cengage announced that they had entered into an agreement under which MHE and Cengage will merge and the current controllers of MHE, investment funds managed by affiliates of Apollo Management, L.P. (Apollo), will acquire approximately

Popular documents