Should Reed spin off Cahners?

Article Abstract:

Cahners Publishing (Cahners) Pres. and CEO Robert Krakoff has vigorously denied rumors that Reed Elsevier (Reed) is planning to sell off Cahners. However, there are many indications that a spinoff is indeed in the making. Informed sources state that a top executive from Boston Ventures recently met with Reed Chmn. Ian Irvine to discuss the sale of Reed's US properties. Reed spokesmen officially deny any spinoff plans but it is an open secret that Reed needs to divest some of its holdings to finance future acquisitions.

Publishing, Publishing Industries, Cahners Publishing Co. (Newton, Massachusetts)

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Chilton buy poses new possibilities for Cahners

Article Abstract:

Reed Elsevier has acquired the Chilton Business Group to merge it with its Cahners Publishing Co. The merged entity will be called Reed Elsevier Business Information with Cahners Pres. and CEO Bruce Barnet to run its operations. It will have initial revenues of $1 B, 131 magazines and 4,000 employees. Presently, Chilton operates 14 periodicals while Cahners has 15. Meanwhile, Chilton's top management officials refuse to respond to speculations that Chilton executives are bound to be laid off because of the merger.

Periodical Publishers, Periodical publishing, Periodicals, Chilton Business Group, Reed Elsevier Business Information

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Cahners chief sees opportunity arising from Reed Elsevier merger

Article Abstract:

The proposed merger of Reed International PLC and Elsevier NV will increase the possibility of expansion for Reed Publising (USA) Inc. The merging is predicted to lead to corporate reorganizations but not to liquidation of positions and to layoffs. The companies, when merged, will have a potential annual revenue of about $4.5 billion, making the media company the third largest in the world.

Reed Elsevier N.V.

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