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paidContent:UK (Free subscription) | 10/10/2008
Reed Elsevier's ( NYSE: RUK ) troubled attempt to sell-off its UK B2B division Reed Business Information appears to be in big trouble with the news that bids for the company since August have fallen about a half-million dollars, according to Bloomberg . Two unidentified sources close to the deal told the news service the bids have dropped to about $1.7 billion (£97 million) from $2.3 billion (£1.3...
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Scooter The Wonder Dog of DOOM (Free subscription) | 09/10/2008
You may have heard of Reed-Elsevier? They own academic journals, many. It's worst in biology and medicine. It's SOP in the publishing industry to exploit artists and fans, yes, but these guys are targeting libraries. Not to mention their rather shady past... "The defence industry is necessary for upholding national security, for the preservation of democratic values and supporting the ever widening...
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paidContent:UK (Free subscription) | 08/10/2008
Will Reed Business Information ever get the deal it wants? The sale of the B2B arm of magazine publisher Reed Elsevier ( NYSE: RUK ) NYSE: RUK )"> ( NYSE: RUK ) , one of the biggest and most highly leveraged media deals around, looks increasingly unlikely as the New Scientist and Variety publisher struggles to raise enough money in these troubled times for credit markets. We learned in August that...
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Reuters UK (Free subscription) | 06/10/2008
NEW YORK (Reuters) - The financing package offered by Reed Elsevier in the sale of its trade publication unit might come in smaller than expected, causing bidders to re-examine their offers, a source familiar with the matter said on Monday.
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Deadline Hollywood Daily (Free subscription) | 03/10/2008
I'm told that Variety president and publisher Neil Stiles is "realigning" the NYC sales office. Insides say he's let three people go, which is half the sales force there. Plans are to replace one of the sales people and to hire a senior manager to improve what was described to me as "a growing lack of adult [...]
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paidContent:UK (Free subscription) | 02/10/2008
When Reed Elsevier ( NYSE: RUK ) last spoke on the subject, it told the market it hoped to sell off its Reed Business Information (RBI) B2B publishing unit as early as October. But that was August - in the intervening period, a little thing has happened called "the credit crunch". Could the crunch munch the planned divestment, which Reed announced a whole seven months ago? paidContent:UK has been...
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PersonaNonData (Free subscription) | 27/09/2008
News on the Reed Elsevier sale of the magazine group. The set-up for the deal may be unravelling. FT : The RBI sale, one of the few live auctions in the media sector, is being watched closely as a bellwether for companies' ability to dispose of assets and private equity's ability to get deals done in tighter credit markets. Bidders will now have to look further than the lending consortium and secure...
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Law Department Management (Free subscription) | 26/09/2008
An article from IP Law & Bus., Vol. 6, Sept. 2008 at 41, extols the changes the chief legal officer of LexisNexis, Kenneth Thompson, instituted after he took over in 2005. The division of Reed Elsevier soon ???had a patent...
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Times Online (Free subscription) | 24/09/2008
US financial crisis Henry Paulson, the US Treasury Secretary, and Ben Bernanke, Chairman of the US Federal Reserve, urged congressional leaders to move swiftly to approve Washington’s $700 billion (£377.6 billion) bailout plan for Wall Street. They sounded warnings of dire consqeuences should Congress fail to approve their rescue scheme, aimed at quelling the global financial convulsions. Wrangling...
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FT.com (Free subscription) | 23/09/2008
The auction for Reed Elsevier's business information division moved into its third round yesterday as several bidders were knocked out of the running. Of the larger...
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Robert Ambrogi's LawSites (Free subscription) | 23/09/2008
Not quite a monopoly, but darn close. The now-final $4.1 billion acquisition by Reed Elsevier -- parent of LexisNexis -- of ChoicePoint Inc. would have given Reed control over 80 percent of the $60 million market for the sale of electronic public records to U.S. law enforcement agencies. Last week, the Federal Trade Commission moved to alleviate the potential anti-competitive effects by requiring Reed...
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Resource Shelf (Free subscription) | 19/09/2008
FTC Challenges Reed Elsevier’s Proposed $4.1 Billion Acquisition of ChoicePoint, Inc. The Federal Trade Commission today issued a complaint charging that Reed Elsevier Inc.’s (Reed Elsevier) proposed $4.1 billion acquisition of ChoicePoint Inc. (ChoicePoint) would be anticompetitive and in violation of the antitrust laws, as it would combine the two largest providers of electronic public [...]
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FT.com (Free subscription) | 17/09/2008
Reed Elsevier, the Anglo-Dutch publisher, has received the regulatory go-ahead from the US Federal Trade Commission for its proposed $4.1bn (£2.3bn) acquisition of...
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beSpacific (Free subscription) | 17/09/2008
News release: "The Federal Trade Commission today issued a complaint charging that Reed Elsevier Inc.'s (Reed Elsevier) proposed $4.1 billion...
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Reuters UK (Free subscription) | 16/09/2008
LONDON (Reuters) - Anglo-Dutch publisher Reed Elsevier said on Tuesday it had received regulatory clearance from the U.S. Federal Trade Commission for its proposed $4.1 billion (2.28 billion pounds) acquisition of ChoicePoint .
