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Veritas Capital expands education portfolio with another merger! - Printable Version

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Veritas Capital expands education portfolio with another merger! - bjcheung77 - 03-02-2022

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)


RE: Veritas Capital expands education portfolio with another merger! - dfrecore - 03-02-2022

Pretty soon, all of our textbooks will be written by one guy.


RE: Veritas Capital expands education portfolio with another merger! - LevelUP - 03-02-2022

That is a lot of value for a young software company.

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


RE: Veritas Capital expands education portfolio with another merger! - dfrecore - 03-02-2022

(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.


RE: Veritas Capital expands education portfolio with another merger! - Johann - 03-03-2022

(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