McGraw-Hill Education Files for An IPO
It was reported today that education content maker McGraw-Hill Education is planning to go public. The company best known as a publisher of textbooks and instructional materials, it is reported that the company is investing heavily in developing digital content technology like its “Reading Wonders” and “Economics: Principles and Problems” programs. According to regulatory filings the company has filed for an initial public offering for $100 million. It is important to state that the $100 million figure is an estimate used for the purpose of calculating a filing fee.