Thread regarding Cengage layoffs

Who is really running the Cengage show?

MH or TM? Who will over see McCengage sales?

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Post ID: @ZGN0y4L

4 replies (most recent on top)

MH is just following orders. He knows nothing.

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Post ID: @ZGN0y4L-3ijw

Most definitely the CEO. He was hand picked by PE and has loyally been executing their dirt since 2012. They chose MH knowing bankruptcy was coming and bought up their own debt for pennies on the dollar. MH has been playing the long game knowing that a merger or buyout was the goal. He said as much during his very first town hall meeting when he explained why the first attempt at a merger with MGH didn’t work out.

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Post ID: @ZGN0y4L-3hcn

Better question....who is the puppet doing the private equity dirty work...CEO or Right-hand man?

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Post ID: @ZGN0y4L-3vcf

The answer is C: private equity

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Post ID: @ZGN0y4L-2aks

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