https://nypost.com/2019/12/16/students-howl-as-mcgraw-hill-pearson-textbook-merger-nears-doj-approval/
The Department of Justice is on track to OK a merger of textbook sellers McGraw-Hill and Cengage despite vocal opposition by student groups who say the deal will only add to already skyrocketing college costs, The Post has learned.
The department’s antitrust division has signaled it will approve a merger of the No. 2 and No. 3 largest textbook publishers behind Pearson if they agree to sell some assets, sources told The Post. An OK by the feds in the coming weeks would pave the way for the two privately held companies to merge early next year in a deal valued at $5 billion, sources said.
“There’s going to be a deal,” a source with direct knowledge of the situation told The Post. “The parties are doing the work so they understand the package that needs to be offered,” this person said, referring to divestitures required by the department.