Activist Fund Jana Partners Publishes Details of Proposals to Break up McGraw-Hill Companies

Posted by Joachim Bartels | Aug 23, 2011 | B2B Media, Business Information, McGraw-Hill, Member, Member News, Rating Services, United States | 0 |

According to the Financial Times (FT) Jana Partners have published details of its proposals for the company in a regulatory filing on August 22^nd, after presenting its ideas to McGraw-Hill’s management. Jana argues that a four-way split would improve the allocation of capital and result in more focused management at the individual businesses.

McGraw-Hill has brought Goldman Sachs on board to advise on potential options. It had said earlier that everything was under review and a number of significant actions can be expected in the second half of this year.

Source: Financial Times

BIIA had reported Jana’s first announcement on August 6^th in its post: https://www.biia.com/10115.

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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