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Veritas Capital expands education portfolio with another merger!

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Veritas Capital expands education portfolio with another merger!
bjcheung77 Offline
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#1
03-02-2022, 12:58 AM
Veritas Capital snaps up an educational, learning technology company, HMHC (equity value of approximately $2.8 billion).
Link: Houghton Mifflin Harcourt to be Acquired by Veritas Capital (hmhco.com)
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dfrecore Offline
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#2
03-02-2022, 07:43 AM
Pretty soon, all of our textbooks will be written by one guy.
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LevelUP Offline
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#3
03-02-2022, 10:31 AM
That is a lot of value for a young software company.

You could have bought Ford Motor for just 10 billion back in 2008.
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dfrecore Offline
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#4
03-02-2022, 06:01 PM
(03-02-2022, 10:31 AM)LevelUP Wrote: That is a lot of value for a young software company.

You could have bought Ford Motor for just 10 billion back in 2008.

It might be a "young" software company, but it's an old textbook company.  It's been around since 1908.
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Johann Offline
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#5
03-03-2022, 01:52 AM (This post was last modified: 03-03-2022, 01:53 AM by Johann.)
(03-02-2022, 07:43 AM)dfrecore Wrote: Pretty soon, all of our textbooks will be written by one guy.
Didn't anyone tell you? They WERE - 2003-2021. They just laid off the guy. All computerized now - AI. Cheaper. No benefits etc. Rolleyes
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