March 31, 2017 | Volume 48, Number 7

MHE Revenue Drops 4% in 2016; Opportunities Rise in 2017

McGraw-Hill Education (New York) revenue declined 5.7% to $400 million in the fourth quarter 2016 and slipped 4% to $1.76 billion in the full year in a market with reduced ...

School Specialty Explores Options; Elects to Refinance Debt

School Specialty (Greenville, WI) ended 2016 exploring strategic alternatives—particularly a sale of the company—but positive growth in the last two years was not quite enough to ...

Career Colleges Continue Improvement Initiatives, Eye Easing Federal Regulations

2016 ended with the prospect for an improved climate for for-profit career colleges, as a result of the election of Donald Trump as president.Under the Trump administration, the sector ...

Scholastic Looks to a Stronger Q4

Scholastic (New York) expects a stronger finish for its Education segment in the fiscal year ending May 31, with the strength of that finish weighted to the final three months. ...

CTE Opportunities Helping Goodheart-Willcox

Goodheart-Willcox (Tinley Park, IL) generated $4.5 million in revenue in its fiscal third quarter, ended Jan. 31, up 4.1%, and $20.2 million in the nine-month period, up 12.9% from the ...

News Briefs 3/31/2017

The California State University Board of Trustees in late March approved a 5% (or about $270 for in-state students) tuition increase across the system’s 23 campuses, the nation’s ...

Partnerships & Acquisitions 3/31/2017

English-language learning provider Lingo Media (Toronto, Canada) in March entered into a letter of intent with Vested Finance (San Francisco), the developer and operator of Schoold, a ...

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