Houghton Mifflin Company Announces the Sale of Promissor.BOSTON -- Houghton Mifflin Houghton Mifflin Company is a leading educational publisher in the United States. The company's headquarters is located in Boston's Back Bay. It publishes textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction for both young readers Company today announced the sale of Promissor, a leading professional testing business, to Pearson. "This transaction allows Houghton Mifflin to keenly focus our resources on growing our core educational and trade and reference publishing businesses, and on serving our customers more effectively," said Tony Lucki, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Houghton Mifflin Company. "Promissor has made solid contributions to Houghton Mifflin. Under the new ownership, Promissor will be able to continue its tradition of providing quality assessment services." Promissor is a leading provider of licensing examinations for state and federal regulatory bodies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It holds a wide range of contracts to assess professionals in the real estate, insurance, mortgage broking Bro´king a. 1. Of or pertaining to a broker or brokers, or to brokerage. Redeem from broking pawn the blemished crown. - Shak. , contracting and healthcare industries. Based in Philadelphia, Chicago and London, the company owns and operates a network of 130 test centers in the United States. About Houghton Mifflin Company Boston-based Houghton Mifflin Company is one of the leading educational publishers in the United States, with more than $1 billion in sales. Houghton Mifflin publishes textbooks, instructional technology There are two types of instructional technology: those with a systems approach, and those focusing on sensory technologies. The definition of instructional technology prepared by the Association for Educational Communications and Technology (AECT) Definitions and Terminology , assessments and other educational materials for elementary and secondary schools and colleges. The Company also publishes an extensive line of reference works and award-winning fiction and nonfiction non·fic·tion n. 1. Prose works other than fiction: I've read her novels but not her nonfiction. 2. The category of literature consisting of works of this kind. for adults and young readers. Houghton Mifflin offers computer-administered testing programs and services for the professional and certification markets. With its origins dating back to 1832, Houghton Mifflin combines its tradition of excellence with a commitment to innovation. The Company's Web site can be found at www.hmco.com. |
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