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U.S. Publisher McGraw Hill To Go Public At $4.2 Billion Valuation

  • U.S. publisher McGraw Hill plans to go public through an IPO at a valuation of $4.2 billion.
  • McGraw Hill, based in Columbus, Ohio, is known for producing school textbooks and has a global sales team of about 1,500 people.
  • The company aims to raise up to $537 million by issuing 24.39 million shares priced between $19 and $22 apiece.
  • Goldman Sachs is the lead underwriter for the IPO, and the company intends to trade on the NYSE under the ticker symbol “MH.”

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