Houghton Mifflin to Buy Divisions from Reed Elsevier
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“When Reed Elsevier announced its intention to sell the Harcourt businesses, we were thrilled to have the opportunity to combine these businesses,” said Barry O’Callaghan, the principal shareholder of Houghton Mifflin. “The addition of the Harcourt businesses to Houghton Mifflin will strengthen our position in the highly competitive educational publishing business. Together, Houghton Mifflin and Harcourt will provide a more customized, diverse and innovative range of products to meet the changing needs of educators and students.”
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