Houghton Mifflin Harcourt
2 activist/short documents on this target.
Timeline
2022-03-22
Engine Capital · press release
Veritas' $21 tender for Houghton Mifflin Harcourt steals value at 7.6x UFCF; a self-funded Dutch tender and standalone plan could deliver roughly $42 per share by 2024.
N3 V1
2022-03-22
Engine Capital · full deck
Veritas's $21/share buyout of Houghton Mifflin steals the company for 7.6x 2024 UFCF; reject it and execute a standalone Dutch tender recap to reach ~$42 by 2024.
N4 V3