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Publisher Reed Elsevier to sell education unit

Article Abstract:

Reed Elsevier PLC of the United Kingdom is planning to divest its textbook publishing unit. The British publisher is selling because of a slow market in online textbooks. The unit is valued at between 1.6 billion Pounds ($3.1 billion) to 2 billion Pounds ($3.9 billion).

Author: Patrick, Aaron O., Hodgson, Jessica
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
United Kingdom, Reed Elsevier PLC, Company overview, Financial report

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Universal Music, Bertelsmann unit get EU approval

Article Abstract:

Universal Music has received approval by the European Commission to purchase the music-publishing unit of Bertelsmann AG, provided that certain song copyrights then be sold. The deal is valued at $2.2 bil.

Author: Cohen, Adam
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, Prerecorded records and tapes, Planning, Denmark, Germany, Bertelsmann AG, Sound recording industry, Recording industry, Company business planning, Universal Music A/S

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Subjects list: Publishing industry, Mergers, acquisitions and divestments, Company acquisition/merger
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