Briefly Noted | HMH Restructuring Debt, Will File Prepackaged Bankruptcy
Houghton Mifflin Harcourt, still struggling with a heavy debt burden despite an earlier capital restructuring, is once again looking to rework its debt. In an announcement this morning, the company said it had reached an agreement with the majority of…
O'Callaghan Out At Houghton Mifflin Harcourt
Barry O’Callaghan has resigned his position as CEO at Houghton Mifflin Harcourt. The current Chief Financial Officer, Michael Muldowney, who has been with the company since 2007, will replace him for an interim period. Houghton Mifflin Harcourt went through a…
Quick Link | [More Bad News For O'Callaghan's HMH] After Flouting Print Run Limits, Publisher Faces Dozens of Lawsuits
Photographers, photo agencies, artists, and others who have contributed content to textbook publisher Houghton Mifflin Harcourt have filed more than 30 copyright infringement claims over the past five years in federal courts in Alaska, Florida, Pennsylvania, Massachusetts, New York, Arizona,…
CJ Fallon & HMH Launch Irish Version Of Destination Maths
Irish Educational publisher CJ Fallon has worked with Houghton Mifflin Harcourt (HMH) to launch a localised version of HMH’s internationally used Destination Maths. The site is based on CJ Fallon’s Mathemagic series and can be access on the website DestinationMaths.ie….
O'Callaghan's Houghton Mifflin Harcourt Releases Statement on Financial Restructure
Following the news from Daily Finance on Monday (covered here) that the restructure was a done deal, Houghton Mifflin Harcourt released a statement confirming the changes to the company’s financial structure claiming: As a result of the $650-million equity investment…
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