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McGraw-Hill (MHP) shares +5.8% AH on a disclosure that investment firm Jana Partners and a big...

McGraw-Hill (MHP) shares +5.8% AH on a disclosure that investment firm Jana Partners and a big Canadian pension fund increased their stakes in the company to encourage a sale of assets, a merger or some other reorganization. Jana and the pension plan bought 6.8M shares to increase their combined stake in MHP to 5.2%, according to an SEC filing.
Comments (1)
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    There will not be any merger here. I know this company very well. It is tightly owned by McGraw family.
    1 Aug 2011, 07:26 PM Reply Like
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