{"id":32706,"date":"2012-11-27T07:31:58","date_gmt":"2012-11-27T12:31:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32706"},"modified":"2012-11-27T07:31:58","modified_gmt":"2012-11-27T12:31:58","slug":"hedge-fund-to-pay-2-5-billion-for-mcgraw-hill-education-unit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2012\/hedge-fund-to-pay-2-5-billion-for-mcgraw-hill-education-unit.html","title":{"rendered":"Hedge fund to pay $2.5 billion for McGraw-Hill education unit"},"content":{"rendered":"<p>NJ &#8211; McGraw-Hill Cos. agreed to sell its education unit to Apollo Global Management LLC for $2.5 billion, taking Chief Executive Officer Harold \u201cTerry\u201d McGraw III one step closer to dismantling his family\u2019s 124-year-old company.<\/p>\n<p>The transaction is expected to close by year-end or in early 2013, the company said today in a statement. More than a year ago, McGraw-Hill announced plans to split into two businesses, one focused on educational publishing and the other on McGraw-Hill\u2019s financial operations, including the world\u2019s largest credit-rating company, Standard &amp; Poor\u2019s.<\/p>\n<p><a href=\"http:\/\/www.nj.com\/business\/index.ssf\/2012\/11\/post_246.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NJ &#8211; McGraw-Hill Cos. agreed to sell its education unit to Apollo Global Management LLC for $2.5 billion, taking Chief Executive Officer Harold \u201cTerry\u201d McGraw III one step closer to dismantling his family\u2019s 124-year-old company. The transaction is expected to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32706","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=32706"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32706\/revisions"}],"predecessor-version":[{"id":32708,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32706\/revisions\/32708"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}