Cengage divests to complete acquisition

<p>Cengage Learning has agreed to sell materials used in 14 college-level courses in order to proceed with the acquisition of Houghton Mifflin Harcourt Publishing Co&#39;s college division, reports Reuters.</p><p>Cengage, an educational publisher, announced in December it would buy Houghton Mifflin&#39;s college division for $750m in cash. The transaction as originally proposed would have eliminated competition and &quot;likely resulted in lower quality of textbooks and related educational materials or higher textbook prices,&quot; the Justice Department&#39;s Antitrust Division said in a statement.</p>