Shareholders force McGraw-Hill to divide business

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US/CANADA - McGraw-Hill, owner of ratings agency Standard & Poor's, has agreed to divide itself into two separate entities following demands from shareholders including the Ontario Teachers' Pension Plan.

The firm said its board of directors had unanimously approved a comprehensive "Growth and Value Plan" which will result in the creation of two new companies: McGraw-Hill Markets and McGraw-Hill Edu...

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