Under-fire McGraw-Hill builds war chest
McGraw-Hill, which faces US$5 billion in fines for allegedly misleading bondholders, is fortifying its own investors with US$1.4 billion in net cash and what may be the fastest profit growth since 2007.
via Business feed http://www.scmp.com/business/companies/article/1149627/under-fire-mcgraw-hill-builds-war-chest