'McCengage' Merger Called Off: Publishers Cengage and McGraw-Hill Education

have terminated plans to merge after scrutiny from regulators.

Source: Inside Higher ED, by Lindsay McKenzie, May 5, 2020

Cengage and McGraw-Hill Terminate their Merger to create a Textbook Giant

Source: IBL News, New York, May 5, 2020

Required,

a) Discuss factors that has led Cengage and McGraw Hill to call off the merger

agreement.

(3 marks)

b) Upon the cancellation of merger plan between McGraw Hill and Cengage, justify

whether these companies can continue meeting the growing interest in digital

learning as to support the transition to digital and online learning to students and

educators which has been accelerated by the corona-virus (COVID - 19)

pandemic on a standalone basis.

(3 marks)