Houghton Mifflin to Buy Harcourt for $4 Billion

http://dealbook.blogs.nytimes.com/2007/0
7/16/houghton-mifflin-to-buy-har
court-for-4-billion/

Houghton Mifflin said on Monday that it would acquire the 
Harcourt unit of Reed Elsevier for $4 billion in cash and
stock, 
uniting two of the biggest names in educational publishing.

Houghton Mifflin will buy Harcourt Education, Harcourt Trade
and 
Greenwood-Heinemann for $3.7 billion in cash and $300
million in 
stock, the company said in a statement.

Chuck Hamaker
Associate University Librarian Collections and Technical
Services
Atkins Library
University of North Carolina Charlotte
Charlotte, NC 28223