CNGO - Cengage Learning Holdings II, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
12.75
0.00 (0.00%)
At close: 9:47AM EDT
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Previous Close12.75
Open12.75
Bid0.00 x 0
Ask0.00 x 0
Day's Range12.75 - 12.75
52 Week Range4.00 - 16.25
Volume18,478
Avg. Volume6,560
Market Cap784.728M
Beta (3Y Monthly)-0.68
PE Ratio (TTM)N/A
EPS (TTM)-1.90
Earnings DateNov 15, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.00
  • 2 reasons beyond prices that this merger of textbook publishers should worry every college student
    MarketWatch

    2 reasons beyond prices that this merger of textbook publishers should worry every college student

    If the proposed merger between Cengage and McGraw-Hill Education goes through, just two publishers would dominate the market, both for print and digital textbooks.

  • Reuters

    Education group urges U.S. Justice Department to block textbook merger

    An education group seeking to increase access to college textbooks and research materials on Wednesday asked the U.S. government to block the proposed merger of textbook publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc. The proposed merger "will significantly decrease competition in a market already rife with anti-consumer behavior," the Scholarly Publishing and Academic Resources Coalition (SPARC) said in a filing with the Justice Department's Antitrust division.

  • Reuters

    U.S. college education could be pricier with textbook merger

    The skyrocketing cost of a U.S. college education could get even more expensive if two top college textbook companies combine as planned, especially if they succeed in starving off a scrappy competitor: used textbooks. The proposed merger of textbook publishers McGraw-Hill Education Inc and Cengage Learning Holdings II Inc, announced in May, would reduce the number of major textbook publishers from four to three. McGraw-Hill is owned by Apollo Global Management LLC.

  • TheStreet.com

    McGraw-Hill Education and Cengage Learning Plan All-Stock Merger

    Closely held McGraw-Hill Education and Cengage Learning Holdings II will merge in an all-stock deal, creating the second-largest educational publisher in the U.S.. The former rivals call it a merger of equals, in which existing holders of Cengage and McGraw-Hill (one of the "big three" educational publishers, along with Pearson and Houghton Mifflin) will each retain 50% of the new company. The merged company, to be named McGraw Hill, is valued at about $5 billion based on its public peers, with $3.16 billion projected in annual revenue.

  • All eyes on Qualcomm, Hilton has strong quarter, changes at Home Depot
    Yahoo Finance

    All eyes on Qualcomm, Hilton has strong quarter, changes at Home Depot

    Qualcomm, Hilton, Home Depot, Southwest Airlines, McGraw-Hill and Engage are the companies to watch.

  • U.S. education groups McGraw-Hill, Cengage plan all-stock merger
    Reuters

    U.S. education groups McGraw-Hill, Cengage plan all-stock merger

    The merged company will be named McGraw Hill and will hold about $3.16 billion in annual revenue, both companies had earlier told the Wall Street Journal, which first reported the deal. Cengage Learning Chief Executive Officer Michael Hansen will head the new firm, McGraw-Hill confirmed.