Houghton Mifflin Harcourt Learning Technology
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Houghton Mifflin Harcourt Learning Technology, originally started as Riverdeep Interactive Learning, is a publishing house for educational online and
History
In October 2002, Riverdeep became a private entity when their stock price plummeted below $2 on NASDAQ.[2]
On September 20, 2004, Riverdeep moved its Novato office to 100 Pine Street in San Francisco.
Houghton Mifflin Harcourt officially became a publicly traded company on November 14, 2013, with common shares of stock listed on the NASDAQ exchange.[3]
As of 2017, Houghton Mifflin Harcourt is offering the Adventure Workshop brand (originally used for titles published by or acquired by Riverdeep) as a licensing opportunity on its website.
Houghton Mifflin
On December 22, 2006, HM Rivergroup
Reed Elsevier
In July 2007,
Houghton Mifflin was privately held. Existing investors put up $23 million of equity financing to help to meet the $3.7 billion cash requirement for the purchase. Reed took a $300 million stake in Houghton Mifflin, Inc., which left it with 11.8 per cent of the common stock in the enlarged company.[7]
The combined business became known as Houghton Mifflin Harcourt (HMH), and a new holding company, EMPG, was created. The Riverdeep name is no longer used by HMH.
References
- ^ Master of the textbook takeover
- ^ RTÉ Business: Riverdeep to de-list from Nasdaq
- ^ "HM Rivergroup PLC Announces the Completion of the Previously Announced Acquisitions of Houghton Mifflin Company and Riverdeep Holdings Limited". Archived from the original on 2007-05-05. Retrieved 2007-05-05.
- ^ Irish company completes Houghton Mifflin acquisition - Boston.com
- ^ Reed Elsevier - Reed Elsevier announces sale of Harcourt US Schools Education Business to Houghton Mifflin Riverdeep Group for $4.0 billion
- ^ Houghton Mifflin to buy Harcourt - Boston.com[dead link] [dead link]