15 Facts About Houghton Mifflin

1.

Houghton Mifflin Harcourt is an American publisher of textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction for both young readers and adults.

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2.

In 1961, Houghton Mifflin famously passed on Julia Child's Mastering the Art of French Cooking, giving it up to Alfred A Knopf who published it in 1962.

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3.

In 1967, Houghton Mifflin became a publicly traded company on the New York Stock Exchange under the stock symbol.

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4.

In 1979, Houghton Mifflin acquired the complete catalog of Parnassus Press, a Berkeley, California small press, established in 1957 by Herman Schein, the husband of writer-illustrator Ruth Robbins.

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5.

In 1979, Houghton Mifflin acquired Clarion Books, the children's division of Seabury Press.

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6.

In 1980, Houghton Mifflin acquired the educational publishing operations of Rand McNally.

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7.

In 2001, Houghton Mifflin was acquired by French media giant Vivendi Universal for $2.

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8.

Houghton Mifflin sold its professional testing unit, Promissor, to Pearson plc in 2006.

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9.

Houghton Mifflin combined its remaining assessment products within Riverside Publishing, including San Francisco-based Edusoft.

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10.

On November 25, 2008, Houghton Mifflin Harcourt announced a temporary freeze on acquisition of new trade division titles, allegedly in response to the economic crisis of 2008.

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11.

On July 27, 2009, the Irish Independent newspaper reported that Houghton Mifflin Harcourt's controlling shareholder EMPG was in the process of a re-structuring negotiations with its unsecured-debt holders that would lead to the conversion of the debt into equity.

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12.

On February 22, 2010, Houghton Mifflin Harcourt announced that EMPG and HMH had reached an agreement to restructure the finances of the company and recapitalize its balance sheet with a substantial fresh cash investment by institutional investors.

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13.

On March 10, 2010, Houghton Mifflin Harcourt announced that it had completed its re-capitalization.

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14.

In 2014, Houghton Mifflin Harcourt sponsored Curious George on PBS Kids replacing Chuck E Cheese.

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15.

In 2015, Houghton Mifflin struggled to find a charity that would accept royalties for Mein Kampf by Adolf Hitler.

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