Apollo in $2.5B Deal for McGraw-Hill Education Unit

Nov. 26 (Bloomberg) -- Bloomberg's Julie Hyman reports that McGraw-Hill Cos. agreed to sell its education unit to Apollo Global Management LLC for $2.5 billion as Chief Executive Officer Harold “Terry” McGraw remakes his family’s 124-year-old company around financial services. She speaks on Bloomberg Television's "Money Moves."
Why 23 Is an Important Number for China IPOs
22:09 - There’s a magic number that makes or breaks IPOs in China. Anything above this number virtually means you can kiss your idea of going public goodbye. Bloomberg’s David Ingles reports on “First Up.” (Source: Bloomberg)
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