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Article: MCGRAW-HILL TO STOP WORK IN SOUTH AFRICA
- Article from:
- THE JOURNAL RECORD
- Article date:
- February 27, 1987
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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NEW YORK - McGraw-Hill Inc. will end all operations in South
Africa, in accordance with a resolution passed yesterday by the
company's board of directors.
McGraw-Hill's activities in South Africa include a wholly owned
subsidiary, McGraw-Hill Book Co. (South Africa) (Pty.), Limited,
which publishes instructional materials for all levels of education
in South Africa and several surrounding countries. McGraw-Hill is
currently negotiating with the South African management of the
subsidiary to sell them the company.
McGraw-Hill, which purchased The Economy Co. of Oklahoma City in
1986, will also halt the sale of all products to South Africa.
McGraw-Hill South Africa, with 51 ...