Private Sale

Private Sale. Any sale, transfer or other disposition of Securities by a Selling Stockholder that is not a Market Sale or a Public Sale

Private Sale. The acquisition by any individual, entity or group (as clarified by Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) (a "Person") (i) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 50% of either (A) the then outstanding shares, member interests or other equity interests of MHE or (B) the combined voting power of the then outstanding voting securities of MHE entitled to vote generally in the election of... directors (if MHE is a corporation) or to vote generally with respect to the appointment of the managing member, general partner or equivalent governing entity (if MHE is not a corporation), including, without limitation, in connection with a merger or consolidation involving MHE, but excluding any holding or acquisition of beneficial ownership by the Company and its subsidiaries or (ii) of all or substantially all of the business or assets of the Education Business. View More