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BRIEF— December 13, 2007 — Houghton Mifflin Company and its parent, Education Media and Publishing Group Limited, today announced that Houghton Mifflin has completed the acquisition of the Harcourt Education, Harcourt Trade and Greenwood-Heinemann divisions ("Harcourt") from Reed Elsevier (London: REL; Amsterdam: RED; New York: RUK and ENL).About Houghton Mifflin HarcourtBoston-based Houghton Mifflin Harcourt Publishing Company is a global education company with approximately $2.5 billion in combined revenue. The Company publishes a comprehensive set of best-in-class pre-K–12 educational solutions, ranging from research-based textbook programs to instructional technology to standards-based assessments for students and educators. The Company also publishes an extensive line of reference works and award-winning literature for adults and young readers. With origins dating back to 1832, Houghton Mifflin Harcourt combines its tradition of excellence with a commitment to innovation. To learn more about Houghton Mifflin Harcourt, visit www.houghtonmifflin.com and www.harcourt.com.