A piece on the InsideHigherEd site, the proposed "McCengage" merger delay may spell chaos for the important fall start/selling season and may not end up going through at all. The major issue seems to be the amount of overlap in lists and the number of divesturtures that might be required to gain DOJ approval here in the US (not to mention the number of snags in other parts of the world). Perhaps great news for the loyal and hardworking McGraw employees! https://www.insidehighered.com/news/2020/02/19/cengage-and-mcgraw-hill-navigate-challenging-merger-delay
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If the merger falls apart, I think Michael will be out and the company will be sold in pieces to MGH, Pearson and whoever else