Mcgraw-Hill to Split Into Two Companies

Summary


NEW YORK - McGraw-Hill Cos. will split up into two public companies with one focused on education and the other centered on markets, featuring the Standard & Poor's unit.

The decision, which has been expected, follows a yearlong review of the company's business. Investors have pushed the New York company to boost the company's stock price, which has dropped by more than 40 percent since 2006.

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Mcgraw-Hill to Split Into Two Companies

The company's S&P ratings agency has been under fire for its recent downgrade of U.S. debt, as well as several bad calls it made leading up...

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