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

|By:, 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 (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.