Hang onto your hats. Cengage is selling off a piece to Pearson.
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The stock is on a run. I'm guessing a big retirement coming soon, followed closely by Scholastic being swallowed by one of the larger media firms. Imagine how well the Scholastic product portfolio might fit inside a Disney... A whole new segment of the theme parks with Clifford and Co. Production/warehouse employees will be fine. Middle and Upper Management might be facing significant layoffs.
Is Scholastic tied in to the Cengage and/or Pearson transaction? Could they be the one that ends up with NatGeo?