Post Profile

Thirty-two days after filing a pre-packaged bankruptcy to redistribute the company’s $3.1 billion in debt, Houghton Mifflin Harcourt has emerged from bankruptcy. CEO Linda K. Zecher had this statement: “We have achieved our financial restructuring objectives and moved through this process quickly and successfully. Now we have emerged with significantly less debt, a much improved balance sheet and capital structure and the financial strength to invest in new products and innovative digital education solutions to grow our business for the benefit of our customers.
read more

Houghton Mifflin Harcourt hopes to mount “comprehensive financial restructuring plan” to redistribute the company’s $3.1 billion in debt. The plan includes “a prompt, court-supervised, chapter 11 process.” Here’s more from the compa... Read Post

Houghton Mifflin Harcourt has officially filed a major restructuring plan to redistribute the company’s $3.1 billion in debt, entering what they called “a prompt, court-supervised, chapter 11 process.” The company predicts they will... Read Post

Today conglomerate publisher Houghton Mifflin Harcourt hired Microsoft corporate VP Linda K. Zecher as its new CEO. Here’s more about Zecher’s experience: “A proven executive with 25 years in the technology and public sector markets... Read Post