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EMPG
Education Media and Publishing Group, more commonly known as EMPG, is a holding company registered in the Cayman Islands with no operating subsidiaries. It also has a minority interest in an affiliate that focuses on markets outside the US called EMPGI. It was the effective successor to the Ireland-based Riverdeep company. It collapsed during the post-2008 Irish economic downturn after the 2008 financial crisis. Prior to March 2010, EMPG owned the legacy Riverdeep and Houghton Mifflin Harcourt businesses, which it acquired in 2006 and 2007, respectively. Riverdeep's acquisition of Houghton Mifflin On 22 December 2006, it was announced that Riverdeep PLC had completed its acquisition of Houghton Mifflin. The new joint enterprise would be called the Houghton Mifflin Riverdeep Group plc, a company based in Ireland. Riverdeep paid $1.75 billion in cash for the equity owed the private investment firms Thomas H. Lee Partners, Bain Capital and The Blackstone Group and assume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houghton Mifflin Harcourt
Houghton Mifflin Harcourt Company ( ; HMH) is an American publisher of textbooks, instructional technology materials, assessments, and reference works. The company is based in the Financial District, Boston, Boston Financial District. It was formerly known as the Houghton Mifflin Company, but it changed its name following the 2007 acquisition of Harcourt (publisher), Harcourt Publishing. Prior to March 2010, it was a subsidiary of EMPG, Education Media and Publishing Group Limited, an Irish-owned holding company registered in the Cayman Islands and formerly known as Riverdeep. In 2022, it was acquired by Veritas Capital, a New York-based private-equity firm. Company history In 1832, William Ticknor and John Allen purchased a bookselling business in Boston and began to involve themselves in publishing; James T. Fields joined as a partner in 1843. Fields and Ticknor gradually gathered an impressive list of writers, including Ralph Waldo Emerson, Nathaniel Hawthorne, and Henry Dav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anglo Irish Bank
Anglo Irish Bank was an Republic of Ireland, Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation. Michael Noonan (Fine Gael politician), Michael Noonan, the Minister for Finance (Ireland), Minister for Finance stated that the name change was important in order to remove "the negative international references associated with the appalling failings of both institutions and their previous managements". Anglo Irish mainly dealt in business and commercial banking, and had only a limited retail presence in the major Irish cities. It also had wealth management and treasury divisions. Anglo Irish had operations in Austria, Switzerland, the Isle of Man, the United Kingdom, and the United States. The bank's heavy exposure to property lending, with most of its loan book being to builders and pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barry O'Callaghan
Barry O'Callaghan (born 1969) is an Irish business executive and financier. He is the Chairman and CEO of AKLO Capital (a private investment office) and the former CEO of HMH. He grew the small educational software company Riverdeep into the largest K-12 publishing company in the American education system through a series of acquisitions. Early life and education Barry O'Callaghan was born in 1969 in Mitchelstown, County Cork, Ireland. His father was a doctor. O'Callaghan was educated at Clongowes Wood College, a Jesuit secondary boarding school. He was captain of the school's senior cup rugby team and later he played rugby for Trinity College Dublin, where he studied law in the late 1980s. According to O'Callaghan, after graduating he no longer wanted to pursue a career in law. Career Early work After getting a degree in law, Barry O'Callaghan got a job at investment bank Morgan Stanley, where he "quickly prospered" working in mergers & acquisitions. He worked in the London of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EMPGI
Education Media and Publishing Group International, more commonly known as EMPGI, was a Chinese education company with operations in China, India, Saudi Arabia, and Libya. EMPGI payed licensing fees to Houghton Mifflin Harcourt for exclusive overseas non-English reproduction rights to the library of content, which it then redesigns to meet local requirements in its target markets. History EMPGI was incorporated in May 2008 as joint venture between heavily indebted EMPG, the holding company that controls Houghton Mifflin Harcourt, and Istithmar World, a private equity vehicle of Dubai World, which is owned by the government of Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis .... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Lee (Irish Politician)
George Lee (born 27 September 1962) is an Irish economist, journalist, television and radio presenter, and former Fine Gael politician. He has worked for RTÉ since 1992. Since 2019, he has been Environment Correspondent for RTÉ News. He previously was Economics Editor in 1996. Lee left RTÉ and became a Teachta Dála (TD) for the Dublin South constituency in June 2009, winning a by-election with a 53.4% majority and was referred to as a "celebrity TD". On 8 February 2010, Lee announced his resignation both from Fine Gael and from Dáil Éireann, having spent nine months in politics. His reasoning was that he had "virtually no influence or input". He returned to RTÉ in May 2010, and presented ''Mind Your Business'', followed by ''The Business'' on RTÉ Radio 1 from 2010. During his time in RTÉ News, he was named Irish Journalist of the Year for uncovering a major tax evasion and overcharging scandal at National Irish Bank. Early and personal life Lee's father was a motor me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverdeep
Houghton Mifflin Harcourt Learning Technology, originally started as Riverdeep Interactive Learning, is a publishing house for educational online and CD-ROM products based in San Francisco, Boston and Dublin, Ireland. Founded in 1995, Riverdeep was principally the creation of the Irish ex-investment banker Barry O'Callaghan. O'Callaghan was Riverdeep's CEO and controlling shareholder. Riverdeep also acquired the companies Broderbund, The Learning Company and Edmark, and became a distributor for said companies. History In October 2002, Riverdeep became a private entity when their stock price plummeted below $2 on NASDAQ. On September 20, 2004, Riverdeep moved its Novato office to 100 Pine Street in San Francisco. Houghton Mifflin Harcourt officially became a publicly traded company on November 14, 2013, with common shares of stock listed on the NASDAQ exchange. As of 2017, Houghton Mifflin Harcourt is offering the Adventure Workshop brand (originally used for titles publishe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cengage Learning
Cengage Group is an American educational content, technology, and services company for higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world.(June 27, 2014Global Publishing Leaders 2014: Cengage publishersweekly.comCompany Info – Wall Street JournalCengage LearningCompany Overview of Cengage Learning, Inc. BloombergBusiness Company information The company is headquartered in , Massachusetts, and has some 5,000 employees worldwide across nearly 38 countries. It was headquartered at its |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called " refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fine Gael
Fine Gael ( ; ; ) is a centre-right, liberal-conservative, Christian democratic political party in Ireland. Fine Gael is currently the third-largest party in the Republic of Ireland in terms of members of Dáil Éireann. The party had a membership of 25,000 in 2021. Simon Harris succeeded Leo Varadkar as party leader on 24 March 2024. Fine Gael was founded on 8 September 1933, following the merger of its parent party Cumann na nGaedheal, the National Centre Party and the Blueshirts. Its origins lie in the struggle for Irish independence and the pro-Treaty side in the Irish Civil War, with the party claiming the legacy of Michael Collins. In its early years, the party was commonly known as ''Fine Gael – The United Ireland Party'', abbreviated ''UIP'', and its official title in its constitution remains Fine Gael (United Ireland). Fine Gael holds a pro-European stance and is generally considered to be more of a proponent of economic liberalism than its traditional rival, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It was launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is Ireland's leading newspaper. It is considered a newspaper of record for Ireland. Though formed as a Protestant Irish nationalist paper, within two decades and under new owners, it became a supporter of unionism in Ireland. In the 21st century, it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's notable columnists have included writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Michael O'Regan was the Leinster House ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paulson & Co
People with the name Paulson or its variant spellings include: * Allen E. Paulson (1922–2000), American businessman * Andrew Paulson (1958–2017), American businessman * Barbara Paulson (1928–2023), American human computer * Bjørn Paulson (1923–2008), Norwegian athlete * David Paulson (born 1989), American football player * David E. Paulson (1931–2015), American farmer and politician * Dennis Paulson (born 1962), American professional golfer * Erik Paulson (born 1966), American mixed martial artist * Harvey N. Paulson (1903–1993), American farmer and politician * Henry "Hank" Paulson (born 1946), American banker and former U.S. Treasury Secretary * Jacob Paulson (born 1998), Australian rapper, singer, and songwriter, known professionally as JK-47 * Jay Paulson, also known as Jay, (born 1978), American actor * John Paulson (born 1955), American hedge fund manager * Jeanne Paulson, American actress * Lawrence Paulson (born 1955), American computer scientist * Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
