Veritas Capital to Buy Houghton Mifflin for $2.8 Billion in Cash

Lock
This article is for subscribers only.

Veritas Capital has agreed to buy Houghton Mifflin Harcourt Co., the publisher of education materials and research, for $2.8 billion in cash.

The $21 per-share price represents a 36% premium to the company’s unaffected share price as of Jan. 13, 2022, according to a statementBloomberg Terminal Tuesday that confirmed earlier reporting by Bloomberg News.