McGraw-Hill Will Split into Two Companies

McGraw-Hill Companies Inc. announced today that it would split into two separate companies, both publicly traded. One, McGraw-Hill Markets, will focus on capital and commodities markets and include its Standard & Poor's ratings business. The other, McGraw-Hill Education, will focus on education services and digital learning. Last month, McGraw-Hill's directors and executives met with Jana Partners, a hedge fund, and the Ontario Teacher's Pension Fund to hear their arguments that the company should be broken up, Reuters reported.

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