[MOSAIC] Heinemann/ was (Mosaic) On-line class

[ljackson]

It makes me nervous--so many eggs in one basket. Where is the voice and
individuality of the publishing houses going?

Lori


On 8/7/07 9:56 AM, "Renee" <phoenixone at sbcglobal.net> wrote:

> 
> On Aug 7, 2007, at 8:35 AM, Creecher12 at aol.com wrote:
> 
>> I may be wrong, but I thought I recently read that  Heinemann was
>> bought out
>> by someone. Does anyone else remember reading this?  When I read it, I
>> thought
>> oh-oh, there goes our voice. I thought the email about  the class I
>> recently
>> read said, There is no more Heinemann U. Maybe that is  the result of
>> the
>> buyout?
>> Does anyone else have any info on this?
> 
> Nancy, I just traveled an intricate maze of Google searches which
> intertwined the names Harcourt, Houghton-Mifflin, Heinemann, Riverdeep,
> and Reed Elsevier.
> 
>  From what I gather, Heinemann was purchased by Harcourt maybe last
> year, and now Harcourt is being purchased by Houghton-Mifflin, which is
> owned by Riverdeep (an Irish company).
> 
> Perhaps you can unravel it starting here:
> http://dealbook.blogs.nytimes.com/2007/07/16/houghton-mifflin-to-buy-
> harcourt-for-4-billion/
> 
> First few paragraphs:
> 
> Houghton Mifflin said on Monday that it would acquire the Harcourt unit
> of Reed Elsevier for $4 billion in cash and stock, uniting two of the
> biggest names in educational publishing. Houghton Mifflin will buy
> Harcourt Education, Harcourt Trade and Greenwood-Heinemann for $3.7
> billion in cash and $300 million in stock, the company said in a
> statement.
> 
> As part of the agreement, Reed Elsevier will hold about 11.8 percent in
> Houghton Mifflin¹s parent company, the Houhgton Mifflin Riverdeep
> Group. The combined company will be run by Anthony Lucki, the chairman
> and chief executive of Houghton Mifflin and the former chief executive
> of Harcourt Education and Harcourt Inc.
> 
> The sale is the latest transaction in the world of educational
> publishing this year. Earlier this year, Thomson agreed to sell its
> education unit to two private equity firms as it prepares to combine
> with Reuters. In April, Reed Elsevier sold two of its Harcourt units to
> Pearson as part of its effort to refocus on its science, medical and
> business information businesses.
> 
> 
> Have fun........  Renee
> 
> 
> When you have only two pennies left in the world, buy a loaf of bread
> with one, and a lily with the other.
> ~ Chinese Proverb
> 
> 
> 
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> 

-- 
Lori Jackson
District Literacy Coach & Mentor
Todd County School District
Box 87
Mission SD  57555
 
http:www.tcsdk12.org
ph. 605.856.2211


Literacies for All Summer Institute
July 17-20. 2008
Tucson, Arizona