Editor's Note: The Perfect Storm

Many speculated about the reasons behind the freeze … err, um, freeze-lite … including whether or not the private-equity owned HMH was for sale, speculation that was all but confirmed by a New York Times interview with Jeremy Dickens, president of HMH holding company Education Media and Publishing Group. The article reported that Dickens “denied that the company was for sale, but said, ‘If there’s a transaction that makes sense for all of our stakeholders, we’ll consider it.’”