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Significant Shareholder Prasad Phatak Sends Letter to Houghton Mifflin Harcourt Company Board of Directors Opposing Veritas Capital Transaction

Believes Proposed Veritas Tender Offer Significantly Undervalues Company and Deprives Shareholders of Potential Upside under HMHC's Highly Experienced Management Team Does Not Intend to Tender Shares and Urges HMHC to Alternative Options Including Re