On the Record · Scholastic
Scholastic acquisitions, on the record
The businesses Scholastic bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
9 Story Media Group Inc.Word for word“On June 20, 2024, the Company completed the 9 Story Acquisition, gaining production, distribution and licensing capabilities, an extensive children's content library, and a highly talented team.” 10-K for 2024 | acquisition | June 20, 2024 | — |
Make Believe Ideas Limited (remaining shares)Word for word“On June 1, 2023, the Company acquired the remaining shares of Make Believe Ideas Limited, a UK-based children's book publishing company, for $ 2.1 , increasing the Company's total ownership from 95.0 % to 100 %.” 10-K for 2024 | acquisition | June 1, 2023 | $ 2.1 |
Learning Ovations, Inc.Word for word“On September 1, 2022, the Company acquired 100 % of the share capital of Learning Ovations, Inc., a U.S.-based education technology business and developer of a literacy assessment and instructional system, for $ 11.1 , net of cash acquired.” 10-K for 2024 | acquisition | September 1, 2022 | $ 11.1 |
Direct sales business in Asia, including the Malaysia legal entityWord for word“The Company wrote down the related assets which were included in the International segment and consisted of accounts receivable, inventory, other current assets and long-lived assets, to their recoverable value which equated to the selling price of $ 3.7 .” 10-K for 2024 | divestiture | — | $ 3.7 |
Make Believe Ideas Limited (remaining noncontrolling interest)Word for word“On June 1, 2023, the Company acquired the remaining shares of Make Believe Ideas Limited, a UK-based children's book publishing company, for $ 2.1 , increasing the Company's total ownership from 95.0 % to 100 %.” 10-K for 2025 | acquisition | June 1, 2023 | $ 2.1 |
headquarters location at 555-557 Broadway in New York, New York (SoHo) and primary distribution facility in Jefferson City, MissouriWord for word“On December 17, 2025, the Company completed the sale of its headquarters location at 555-557 Broadway in New York, New York (SoHo) for a sales price of $ 386.0 and its primary distribution facility in Jefferson City, Missouri for a sales price of $ 95.0 .” 10-K for 2026 | divestiture | December 17, 2025 | $ 386.0 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-05-31 | $10.1 million | $2.8 million |
| 2018-05-31 | $4.4 million | $6.3 million |
| 2019-05-31 | $14.2 million | $6.3 million |
| 2020-05-31 | $1.2 million | $0 |
| 2021-05-31 | $0 | — |
| 2022-05-31 | $0 | $0 |
| 2023-05-31 | $10.7 million | $7.6 million |
| 2024-05-31 | $6.4 million | $0 |
| 2025-05-31 | $176.2 million | $64.2 million |
| 2026-05-31 | $0 | $0 |
Deal filings since 2016
- 2025-12-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Scholastic’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-07-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.