Houghton Mifflin Harcourt’s Chief Steps Down
Unexpectedly, the publisher, Becky Saletan, of adult trade books at Houghton Mifflin Harcourt has quit . The reasons for Saletan's resignation is unknown, but the article speculates about an impending sale of HMH
Houghton Mifflin Harcourt has reportedly been hit hard by the tight credit market and any halt on acquisitions is widely believed to be in anticipation of a possible sale. Their owner, the private-equity concern Education Media and Publishing Group, has acknowledged that rival publishers have expressed interest in buying HMH.