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Houghton Mifflin Harcourt, which is a leading global publisher of educational content, primarily K-12, announced terms for its IPO on Friday. The Boston, MA-based company plans to raise $274 million by offering 18.3 million shares (100% insider) at a price range of $14 to $16. At the midpoint of the proposed range, Houghton Mifflin Harcourt would command a fully diluted market value of $2.1 billion.
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