HMH looking at acquisitions again

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US publisher Houghton Mifflin Harcourt (HMH) is in a position to start looking at potential acquisitions after emerging from its Chapter 11 financial restructuring in June 2012.

HMH is also hoping to launch an initial public offering (IPO) in 18-24 months, according to HMH chief executive Linda Zecher.

Zecher says that the firm will not sell its trade publishing business (which includes rights to children’s books) because of the opportunity to “take our content and move it into different areas”. The company had sold one million downloads of an application for iPhones and iPads for one of its children’s titles.

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