Houghton Mifflin Harcourt to Acquire Scholastic’s Educational Technology and Services Business for $575 Million

BOSTON - Global learning company Houghton Mifflin Harcourt (NASDAQ: HMHC) (HMH) announced today that it has entered into a definitive agreement to acquire the Educational Technology and Services ("EdTech") business of Scholastic Corporation for $575 million in cash, subject to customary working capital adjustments.