Harcourt Trade

Houghton Mifflin to Buy Divisions from Reed Elsevier
July 20, 2007

Houghton Mifflin Co., a leading educational publisher, announced that it has signed a definitive agreement to acquire the Harcourt Education, Harcourt Trade and Greenwood Heinemann divisions of Reed Elsevier. Houghton Mifflin will acquire the Harcourt businesses for $4 billion, which will consist of $3.7 billion in cash and $300 million in common stock of Houghton Mifflin Riverdeep Group PLC. “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

Pick a Cover, Any Cover
March 1, 2007

Choosing a cover-material supplier or deciding to switch to a new provider can seem like a game that we don’t know how to play. Knowing what materials are available and which would work best for the look and feel you are trying to achieve for your next book project can be tricky ... and even risky. A bad decision can break a book—after all, aren’t books judged by their covers? Fortunately, representatives at most cover-material companies are available to walk you through the process helping you discover what qualities and features are most important for your needs. “So many questions have to be

Harcourt Education Names New President, COO
September 15, 2006

Textbook giant Harcourt Education, Reed Elsevier Group’s global education publishing division, named a new president and chief operating officer to head the company’s domestic business earlier this week. Lloyd G. “Buzz” Waterhouse, 54, assumed the role of president and COO, a newly created post, on Wednesday. The former CEO and chairman of The Reynolds and Reynolds Co., a software provider that provides automobile dealerships with computer software, held several management positions with IBM during his career, including its academic and education units. Waterhouse will oversee several Harcourt business units, including Harcourt School Publishers, Holt, Rinehart and Winston, Harcourt Achieve, Harcourt Trade Publishers and Greenwood-Heinemann. Buzz

Offshoring and the Global Marketplace
October 1, 2004

Offshoring has taken on new meaning in recent years. The Web, electronic file transfer, advancements in foreign technology and faster, better ways to communicate globally have all stirred the waters of opportunity for tapping the American marketplace from overseas. A global marketplace has swelled beyond what many expected. For some, this means greater opportunity, savings and growth. For others, it means the promise of more jobless Americans, more abandoned factories, more unfair labor competition. For many book publishers, specifically, it means more options for manufacturing books cost-effectively. It means new options for digital content creation, design and editorial. It means increased profitability, growth