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Posted by
Two Blokes Jul 14 -
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Stock
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COLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (“McGraw Hill”) today announced the launch of its initial public offering of 24,390,000 shares of its common stock (the “Common Stock”) offered by McGraw Hill. The initial public offering price is expected to be between $19.00 and $22.00 per share. McGraw Hill intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its term loan credit facility. In addition, the selling stockholder identified in.
