Cengage and McGraw-Hill Terminate Merger Agreement in Response to Antitrust Concerns

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Cengage and McGraw-Hill Terminate Merger Agreement in Response to Antitrust Concerns

05/04/2020 12:00 AM EDT

Cengage Learning Holdings II Inc. and McGraw-Hill Education Inc. mutually agreed to abandon their plans to merge after the Department of Justice informed the companies it had serious concerns that the proposed transaction, as structured, would harm competition.

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