Houghton Mifflin Harcourt has sold Harcourt Religion Publishers to Our Sunday Visitor

Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.

Transaction

JEGI CLARITY Represents Houghton Mifflin Harcourt In Sale Of Harcourt Religion Publishers To Our Sunday Visitor

Date: June 2009

Deal Type: Corporate Divestiture

Role: Sell-side M&A

Sectors:

Digital Media and Content

Houghton Mifflin Harcourt Publishing Company (www.hmco.com) has sold Harcourt Religion Publishers to Our Sunday Visitor (www.osv.com), a Catholic not-for-profit organization that publishes six periodicals and markets over 500 products.

This transaction brings together two of the nation’s leading Catholic publishing groups. The strategic combination of the two companies’ product lines, services, and innovations represents an unprecedented, one-source solution for lifelong faith development within Catholic parishes and schools.

JEGI CLARITY represented Houghton Mifflin Harcourt Publishing Company in this transaction.

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