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Scholastic to Sell NYC HQ and MO Facility for $401M, $401M in Net Proceeds.
ByAinvest
Tuesday, Dec 2, 2025 4:06 pm ET1min read
Scholastic Corporation has entered into sale-leaseback transactions for its NYC headquarters and Jefferson City, MO distribution center, generating estimated net proceeds of $401 million. The transactions will be deployed towards debt reduction and share repurchases, aligning with the company's capital allocation priorities. The agreements were signed on December 2, 2025.
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