Scholastic (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that it has closed its previously announced definitive agreement to invest in 9 Story Media Group (“9 Story”), a leading independent creator, producer and distributor of premium children’s content, after receiving a satisfactory opinion from the Minister of Canadian Heritage with respect to the transaction, in addition to satisfying customary closing conditions.�� The transaction furt…
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