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Home > Company Index > Media > Publishing - Books > Houghton Mifflin Company

Houghton Mifflin Company
NYSE: HTN
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 NEWS FROM THE STANDARD
Layoffs: You Can't Fire Me
Jun 11 2001 12:00 AM PDT

Every Net Company Needs a Textbook Publisher
Jun 04 2001 10:40 AM PDT

News Briefs
Jun 04 2001 12:00 AM PDT

Vivendi Universal Will Purchase Houghton Mifflin for $1.7 Billion
Jun 01 2001 08:11 AM PDT

NetLibrary Puts IPO Back on the Shelf
Dec 12 2000 03:21 PM PST

 PROFILE
Alice Cooper's 1972 album "School's Out" probably doesn't get much play around the offices of Houghton Mifflin. Textbooks and other educational materials bring in about 90% of the publisher's sales. Houghton Mifflin is a top publisher for the K-12 and college markets; it also offers fiction and nonfiction books for adults and children and reference works such as the "American Heritage Dictionary." Major divisions include McDougal Littell (secondary school textbooks), Riverside Publishing (educational testing), and Great Source Education Group (supplemental school materials for grades K-12). Its digital publishing business includes the Sunburst Technology imprint (educational CD-ROM products). Vivendi Universal owns about 90% of the company.

 COMPETITION
Harcourt General, Inc. (dossier)
The McGraw-Hill Companies, Inc. (MHP)
Pearson plc (PSO)

 DEALS
Deal: Houghton Mifflin Partners With Xrefer.com
Date Announced: 12.04.00
Value of transaction (US $Mil): 0
Description: U.S. textbook publisher for elementary and secondary schools to provide licensed content on U.K. reference search engine.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,027.60
1-Yr. Sales Growth: 11.7%
Employees: 3,500
Revenue per employee: $293,600.00

 KEY PEOPLE
• Nader F. Darehshori
    CEO
• Gail Deegan
    CFO

 CONTACT INFO
222 Berkeley St.
Boston, MA 02116
US
Phone: 617-351-5000
Fax: 617-351-1105
Online: Web Site

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