Wednesday, August 7, 2013

Houghton Mifflin Harcourt Files IPO

http://finance.yahoo.com/news/publisher-houghton-mifflin-files-ipo-195352367.html
About a year after it emerged from bankruptcy protection, educational publisher Houghton Mifflin Harcourt is looking to go public.
The parent company, HMH Holdings, on Friday filed for an initial public offering of common stock worth up to $100 million. How much the company actually raises in the IPO is likely to change as the banks managing the offering gauge investor interest.
Houghton Mifflin filed for Chapter 11 in May 2012 after reaching an agreement to eliminate $3.1 billion of its debt. It emerged from bankruptcy protection a month later.