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College textbook publishers seek deal as online competition intensifies
Textbook example of changing ownership as industry looks to deal with falling sales
Educational publisher launches Netflix-style digital access for professors and students
Cengage estimates unauthorised copies cost it $70m-$100m a year
Pearson Education, Cengage Learning and McGraw Hill seek names of online sellers
Education group considers Chapter 11
Results could complicate publisher’s plan to refinance $2bn of loans
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