Reed buys ChoicePoint, opts to sell magazines
Article Abstract:
Looking to move away from traditional publishing, media conglomerate Reed Elsevier announces the purchase of personal data provider ChoicePoint Inc. for $3.5 billion and the assumption of $600 million in debt. Reed Elsevier also plans the sale of its trade-magazine division.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Time Warner to sell book group for $537.5 million
Article Abstract:
Time Warner Inc. of the United States is to divest its book publishing business to Lagardere SCA of France for $537.5 million. This sale is the latest move in a strategic plan that involves a series of divestments. The book publishing business had a record year last year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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