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McGraw-Hill's (MHP) education unit is expected to draw final bids later this month from PE firms...

Oct. 10, 2012 4:18 PM ETS&P Global Inc. (SPGI) StockSPGI, APOBy: Carl Surran, SA News Editor
McGraw-Hill's (MHP) education unit is expected to draw final bids later this month from PE firms Bain Capital and Apollo Global (NYSE:APO) as well as rival college textbook publisher Cengage Learning in a deal that could fetch $3B, Reuters reports. MHP wants to get more than $3B, and could still decide against a sale if the bids fail to meet its expectations.

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