UPDATE: Citi Upgrades Houghton Mifflin (HMHC) to Neutral
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Houghton Mifflin Harcourt (HMHC) Announces Strategic Restructuring
October 1, 2020 8:10 AM EDTHoughton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced a strategic restructuring to accelerate its digital transformation and align its cost structure with its digital first, connected strategy. These steps will further streamline operations and better enable HMH to support teachers and students with digital first, connected solutions that drive successful outcomes in remote, face-to-face and hybrid learning environments.
This strategic restructuring is the result of HMH's ongoing value innovation analysis. The Company first introduced this framework at its October 2019 Investor Update to drive its strategic priorities and has... More
