McGraw-Hill Companies Announces Comprehensive Growth and Value Plan to Increase Shareholder Value

Posted by Joachim Bartels | Sep 12, 2011 | B2B Media, Business Information, Education, McGraw-Hill, Member, Member News, Rating Services, United States | 0 |

The comprehensive growth and value plan entails three key elements:

Spin-off of Education creating two industry-leading public companies, one focused on Key Global Markets (with financial services as a core element) and the other on Education
Streamline operations and reduce cost
Acceleration of share repurchasing to US$ 1 billion

The announced plan is a response to Jana Partners proposal to split McGraw-Hill into four publicly traded companies. The disposal of the education business marks the most dramatic move for McGraw-Hill to achieve greater shareholder value and to accelerate growth of the disparate businesses.

Source: McGraw-Hill Press Release

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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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