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McGraw Hill Financial

McGraw Hill Financial, Inc. is an American publicly traded corporation headquartered in New York City. Its primary areas of business are financial information and analytics. It is the parent company of Standard & Poor's Ratings Services, S&P Capital IQ, Platts, J.D. Power and Associates, and is the majority owner of the S&P Dow Jones Indices joint venture.
==Corporate history==
The predecessor companies of McGraw Hill Financial have history dating to 1888, when James H. McGraw purchased the ''American Journal of Railway Appliances''. He continued to add further publications, eventually establishing ''The McGraw Publishing Company'' in 1899. John A. Hill had also produced several technical and trade publications and in 1902 formed his own business, ''The Hill Publishing Company''. In 1909 both men, having known each other's interests, agreed upon an alliance and combined the book departments of their publishing companies into ''The McGraw-Hill Book Company''. John Hill served as President, with James McGraw as Vice-President. In 1917, the remaining parts of each business were merged into ''The McGraw-Hill Publishing Company, Inc''.〔(【引用サイトリンク】 url=http://www.mcgraw-hill.com/aboutus/history.shtml )〕 In 1986, McGraw-Hill bought out competitor The Economy Company, then the United States' largest publisher of educational material. The buyout made McGraw-Hill the largest educational publisher in the United States.
In 1979 McGraw-Hill Publishing Company purchased ''Byte'' magazine from its owner/publisher Virginia Williamson who then became a vice-president of McGraw-Hill.
McGraw-Hill Publishing Company, Inc became ''The McGraw-Hill Companies'' in 1995, as part of a corporate rebranding.〔(【引用サイトリンク】 url=http://www.mcgraw-hill.com/aboutus/history_information.shtml )
In 2007, McGraw-Hill launched an online study network, GradeGuru.com, which gave McGraw-Hill an opportunity to connect directly with its end users, the students. The site closed on April 29, 2012.
On October 3, 2011, McGraw-Hill announced it was selling its entire television station group to the E. W. Scripps Company for $212 million.〔("McGraw-Hill Sells TV Group To Scripps" ), ''TVNewsCheck'', October 3, 2011.〕 The sale was completed on December 30, 2011. It had been involved in broadcasting since 1972, when it purchased four television stations from a division of Time Inc.
McGraw Hill has produced the "Glencoe" series of books for decades.
On November 26, 2012, McGraw-Hill announced it was selling its entire education division to Apollo Global Management for $2.5 billion.〔(), "New York Times", November 26, 2012.〕 On March 22, 2013 it announced it had completed the sale and the proceeds were for $2.4 billion cash.
On May 1, 2013, shareholders of McGraw-Hill voted to change the company's name to McGraw Hill Financial.〔
McGraw-Hill divested the subsidiary McGraw-Hill Construction to Symphony Technology Group for US$320 million on September 22, 2014. The sale included Engineering News-Record, Architectural Record, Dodge and Sweet's.〔(McGraw Hill Sells ENR and Construction Group to Equity Investor )〕 McGraw-Hill Construction has been renamed Dodge Data & Analytics.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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