Financial Times FT.com

HMH taps into home schooling

By Andrew Edgecliffe-Johnson in New York

Published: August 16 2009 23:14 | Last updated: August 16 2009 23:14

Houghton Mifflin Harcourt has decided against a renewed attempt to sell its consumer book arm, hoping to use the small division to bolster its core educational publishing business.

HMH, whose parent company last week announced a restructuring of its $7.6bn net debt load, is using its trade division’s links to retailers such as Amazon to distribute institutional products to the growing US home schooling market.

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