Yesterday, McGraw-Hill gave notice that it plans on breaking up into two separate companies. One will be an education business, another will be a markets business. I have done some financial modeling on what these separate companies would look like in order to find out whether shareholder value was created through the activists. I believe that this was the right move for the 123-year old company and that splitting into four companies, re: Jana's requests, is not entirely necessary.
For any interests, do not hesitate to send me an email.