Houghton Mifflin Harcourt (NASDAQ:HMHC) may very well be taken non-public by Veritas Capital, which can be in search of to merge the tutorial writer with its personal Cambium Studying Group portfolio firm, Bloomberg experiences.
Bloomberg reported in January that Houghton Mifflin was exploring a sale and was receiving potential curiosity from P-E corporations.
Houghton Mifflin shares have practically tripled in the course of the previous yr, giving it a market worth of ~$2.3B.