Scholastic Completes Sale of Educational Technology and Services Business Segment

New York – May 29, 2015 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today it had completed the previously reported sale of its Educational Technology and Services business segment (“EdTech”) to Houghton Mifflin Harcourt Company (NASDAQ: HMHC), including the equity in International Center for Leadership in Education and Tom Snyder Productions, Inc., for $575 million in cash, subject to adjustment.

Scholastic to Sell Educational Technology Business to Houghton Mifflin Harcourt for $575 Million

To Focus on Global Core Children’s Books and
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(212) 965-7353


The Phyllis C. Hunter Classroom Library 2nd Edition
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