McGraw-Hill Investors Push To Break Up Co.

Law360, New York (August 22, 2011, 7:25 PM EDT) -- Two McGraw-Hill Cos. investors told the sprawling conglomerate Monday that it should break itself up and hire an independent overseer for its troubled subsidiary, ratings agency Standard & Poor's Financial Services LLC.

The Ontario Teachers’ Pension Plan Board and investment firm JANA Partners LLC said the company's structure did not save it any money and that S&P was drawing too much regulatory scrutiny, according to a presentation made to the company's board and filed Monday with the U.S. Securities and Exchange Commission.

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