Milbank is advising Houghton Mifflin Harcourt (HMH), a global educational and trade publisher based in Boston, on regulatory aspects of its proposed $575 million acquisition of Scholastic Corp’s educational technology and services business, EdTech. The acquisition is expected to bolster HMH’s product offerings in key growth areas, including educational technology, early learning, and education services, and provide added digital infrastructure and expertise to support the continued development of next-generation products for HMH’s pre-K-12 and consumer businesses. The deal is expected to close by the second quarter of this year.
Antitrust Partner Fiona Schaeffer leads Milbank’s representation of HMH.
