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McGraw-Hill (MHP) has received bids for its education unit from Bain, Thomas H. Lee Partners,...

McGraw-Hill (MHP) has received bids for its education unit from Bain, Thomas H. Lee Partners, Apollo Global Management (APO) and Cengage Learning, Reuters reports. The offers could value the business, the world's second-largest education company by sales, at around $3B. McGraw-Hill said last week it was evaluating a sale as an alternative to a spin-off.
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