Veritas Capital is bidding to take educational publisher Houghton Mifflin Harcourt Co private, Bloomberg News reported on Sunday citing people familiar with the matter.
The private equity firm could merge Houghton Mifflin with its portfolio company Cambium Learning Group, the report added citing one of the people.
As of Friday’s close, Houghton Mifflin Harcourt’s market capitalization was $2.3 billion, according to Refinitiv Eikon data.
Read more: Reuters
