McGraw-Hill (MHP) says it will use a portion of the proceeds from the sale of McGraw-Hill...

|By:, SA News Editor

McGraw-Hill (MHP) says it will use a portion of the proceeds from the sale of McGraw-Hill Education to fire up its share repurchase program once again. The company plans a $500M accelerated share repurchase transaction after which 8M shares will still remain under an existing repurchase plan. MHP +0.5% premarket.