U.S. publisher McGraw Hill plans to go public with a target valuation of $4.2 billion, joining other companies capitalizing on improved investor sentiment. The Columbus-based company aims to raise $537 million through the sale of 24.39 million shares priced between $19 and $22 each. With a global sales team of nearly 1,500, McGraw Hill is a prominent name in the publishing industry. The IPO will be underwritten by Goldman Sachs and trade on the NYSE under the symbol “MH”.
Read more at Yahoo Finance: Textbook publisher McGraw Hill targets $4.2 billion valuation in US IPO
