McGraw-Hill Sells Education Division to Private Equity Firm

The McGraw-Hill Companies agreed to sell its education division to a private equity firm, in a long-rumored move that will shake up the evolving educational publishing landscape.

 For months, McGraw-Hill has planned the spinoff of its education division into an independent company, but there was no public indication McGraw-Hill wanted to sell its new company. In the end, it agreed to sell the company to investment funds affiliated with Apollo Global Management, an international firm based in New York City, for $2.5 billion.

 After regulatory review, the deal is expected to be closed in early 2013. That will leave McGraw-Hill with its financial information properties; the company will be renamed McGraw Hill Financial. 

 read more below as you enter the worlds of #JasonTomassini,@jtomassini Tags: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology keywords: private equity,benny quetell,@resilient_ent,resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest, billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology

RESILIENT MEDIA ENTERTAINMENT

#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement