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Houghton Mifflin Harcourt Co Definitive Agreement to Divest HMH Books & Media Consumer Publishing Business to HarperCollins Publishers a Division of News Corp - M&A Call Transcript

Mar 29, 2021 / 12:30PM GMT
Release Date Price: A$31.1 (-3.18%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Houghton Mifflin Harcourt conference call. (Operator Instructions)

I would now like to introduce your host for today's conference call, Mr. Brian Shipman. You may begin.

Brian S. Shipman
Houghton Mifflin Harcourt Company - Head of IR & Senior VP

Thank you, Kevin, and good morning, everyone. Before we begin, I would like to point out that the slides referred to on today's call can be found on the Investor Relations section of our website at hmhco.com. I encourage you to review the cautionary statement on Slide 2 today, which explains the risks of forward-looking statements and use of non-GAAP financial measures in the slide presentation and on today's call. Please refer to our most recent SEC filings, including today's 8-K, for information about these risks. We disclaim any obligation to update our forward-looking statements.

Today, Jack Lynch, Houghton Mifflin Harcourt's President and Chief Executive Officer; and Joe Abbott, HMH's Chief Financial Officer, will provide a

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