Scholastic To Acquire Cottage Door Press, A Leading, Fast-Growing Innovator In Early Childhood Publishing

By Reuters News

Sept 29 (Reuters) - Scholastic Corporation SCHL.O:

  • SCHOLASTIC TO ACQUIRE COTTAGE DOOR PRESS, A LEADING, FAST-GROWING INNOVATOR IN EARLY CHILDHOOD PUBLISHING

  • SCHOLASTIC CORPORATION - ANNOUNCES AGREEMENT TO BUY COTTAGE DOOR PRESS

  • SCHOLASTIC CORPORATION - DEAL VALUED AT ABOUT $71 MILLION

  • SCHOLASTIC CORPORATION - TO FUND ACQUISITION WITH CASH ON HAND AND REVOLVING CREDIT FACILITY

  • SCHOLASTIC CORPORATION - ACQUISITION EXPECTED TO CONTRIBUTE TO REVENUE GROWTH AND ADJUSTED EBITDA IN FISCAL 2027

  • SCHOLASTIC: DEAL EXPECTED TO BE ACCRETIVE IN ITS SECOND YEAR FOLLOWING CLOSE, INCLUDING ANTICIPATED SYNERGIES

Further company coverage: SCHL.O

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