Dozens of student government executives wrote a letter recently urging the Department of Labor to block a merger between two giants of the textbook industry. In May, McGraw-Hill and Cengage announced they would be pursuing a merger. As two of the five major textbook publishers that currently have 80 percent of the market, this merger would form the second-largest textbook publisher in the US.
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Gannett Sells Out to Competitor GateHouse Media
Gannett, the newspaper chain known for buying local newspapers and cutting back on operations, including news, is now on the receiving end of an acquisition — by the owners of GateHouse Media.
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