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Added fact that Business Week magazine was founded by McGraw Hill, and later sold.
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In 1909, both men, having known each other's interests, agreed upon an alliance and combined the book departments of their publishing companies into The ''McGraw–Hill Book Company''. John Hill served as president, with James McGraw as vice-president. In 1917, the remaining parts of each business were merged into The ''McGraw–Hill Publishing Company''.<ref name="mcgraw-history0">{{cite web | title=About Us: Corporate History: The Foundation | url=http://www.mcgraw-hill.com/aboutus/history.shtml | access-date=May 26, 2007 | url-status=dead | archive-url=https://web.archive.org/web/20070505102210/http://www.mcgraw-hill.com/aboutus/history.shtml | archive-date=May 5, 2007 }}</ref>
 
McGraw Hill founded Business Week magazine in 1929. In 2009 McGraw Hill Cos. sold Business Week to Bloomberg L.P.
 
In 1964, after Hill died, both ''McGraw–Hill Publishing Company'' and ''McGraw–Hill Book Company'' merged into ''McGraw–Hill, Inc.'' McGraw–Hill purchased [[credit rating agency]] [[Standard & Poor's]] from Paul Talbot Babson in 1966.