McGraw-Hill’s (MHP +8.9%) breakup value, in the event it decides to accelerate its plan to spin...

|By:, SA News Editor

McGraw-Hill’s (MHP +8.9%) breakup value, in the event it decides to accelerate its plan to spin off businesses, likely would be ~$55/share but potentially as high as $70, Lazard analysts say. Speculation is swirling after the disclosure that Jana Partners - with a history of pressuring companies to make changes - teamed with a Canadian pension fund to own a 5.2% stake.