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  "documentTitle": "The McGraw-Hill Companies (MHP)",
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  "presentationDate": "2011-08-22 00:00:00",
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  "notes": "The table highlights 'Limited Corporate Overhead' as the primary interaction between most segments, suggesting no operational synergy.",
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      "kind": "callout",
      "text": "McGraw-Hill's business segments lack clear commercial or cost synergies. In particular, MH Education and Info. & Media enjoy no benefits from the structure.",
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      "text": "MH Education and Information & Media realize no meaningful commercial or cost benefits from each other or the other McGraw-Hill segments\nS&P Ratings and MH Financial maintain a relationship for indices and credit research",
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      "text": "S&P credit research reports should be housed within S&P Ratings (vs. MH Financial today)\nA separation of the S&P Index business should be achieved through a branding agreement for the S&P name, in line with comparable index transactions",
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      "text": "No Real Synergies To Justify Drawbacks Of Conglomerate Structure",
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