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Textbook Publisher McGraw Hill Looks to Raise Up to $537M in IPO

1. McGraw Hill sets IPO price between $19 and $22 per share. 2. Valuation of McGraw Hill at approximately $4 billion post-IPO. 3. Company plans to pay off debts with IPO proceeds. 4. McGraw Hill reported revenues of $2.10 billion and $1.96 billion. 5. No dividends planned for shares after going public.

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FAQ

Why Bullish?

The IPO pricing indicates positive market demand, similar to past successful education sector IPOs.

How important is it?

Strong revenue potential and debt management plans signal investor confidence.

Why Short Term?

Anticipated market performance will primarily affect the stock in the immediate post-IPO period.

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