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McGraw-Hill to buy Appleton & Lange

Published on .

London--The McGraw-Hill Cos. has agreed to acquire medical publisher Appleton & Lange from British media group Pearson Plc for $46 million. Pearson also agreed to sell Master Data Center, which provides payment services for the owners of intellectual property, to Information Holdings for $33 million. Pearson bought the businesses as part of its $4.7 billion acquisition last year of the bulk of U.S. educational publisher Simon & Schuster from Viacom.
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