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at the date of the cancellation of the investigation on 4 May 2020 after the abandonment of the transaction; it is no longer maintained.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 Outline UK 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 developments On 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. Background On