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Reed Elsevier Company

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BUSINESS
July 19, 1995 | From Associated Press
Reed Elsevier plans to sell publishing companies in Britain, the Netherlands and the United States that generated more than $900 million in revenue last year, or about 19% of its overall group revenue, the media company said Tuesday. Reed said the sale will enable it to concentrate on scientific, business and professional publishing. The properties put up for sale include Cahners Consumer Magazines, whose U.S. titles include American Baby, Modern Bride and Sail.
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BUSINESS
November 2, 2000 | Reuters
U.S. research libraries are seeking to block the $4.5-billion sale of publisher Harcourt General Inc. to rivals Reed Elsevier and Thomson Corp., saying the deal will significantly raise prices for journals and textbooks. The not-for-profit Assn. of Research Libraries, which represents 120 libraries around the country, plans to meet next week with the U.S. Justice Department about the deal announced Oct. 27, an ARL official said.
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BUSINESS
October 5, 1994 | MARTHA GROVES, TIMES STAFF WRITER
Mead Corp. has agreed to sell its Lexis and Nexis database services for $1.5 billion in cash to Reed Elsevier, a British-Dutch publishing company whose U.S properties include Variety and Publishers Weekly. The announcement, made late Tuesday, followed nearly five months of bidding for Mead Data Central, Mead's information retrieval subsidiary. Mead put the unit on the block in May, saying it planned to focus on its core business of making paper.
BUSINESS
October 28, 2000 | Reuters
Anglo-Dutch publisher Reed Elsevier reached a deal to acquire U.S. schoolbook publisher Harcourt General Inc. for $4.5 billion, or $59 a share. Reed, which owns Hollywood trade paper Variety and legal database Lexis Nexis, said it also has agreed to sell a large slice of Harcourt to Thomson Corp. of Canada for $2.06 billion. Reed also will assume about $1.2 billion in Harcourt debt in the deal.
BUSINESS
November 2, 2000 | Reuters
U.S. research libraries are seeking to block the $4.5-billion sale of publisher Harcourt General Inc. to rivals Reed Elsevier and Thomson Corp., saying the deal will significantly raise prices for journals and textbooks. The not-for-profit Assn. of Research Libraries, which represents 120 libraries around the country, plans to meet next week with the U.S. Justice Department about the deal announced Oct. 27, an ARL official said.
BUSINESS
October 28, 2000 | Reuters
Anglo-Dutch publisher Reed Elsevier reached a deal to acquire U.S. schoolbook publisher Harcourt General Inc. for $4.5 billion, or $59 a share. Reed, which owns Hollywood trade paper Variety and legal database Lexis Nexis, said it also has agreed to sell a large slice of Harcourt to Thomson Corp. of Canada for $2.06 billion. Reed also will assume about $1.2 billion in Harcourt debt in the deal.
BUSINESS
October 5, 1994 | From Reuters
Anglo-Dutch publisher Reed Elsevier said Tuesday that it reached an agreement to acquire Mead Corp.'s Lexis/Nexis on-line information operation for $1.5 billion in cash. Reed Elsevier said it will acquire the assets of Mead Data Central, which operates the Lexis/Nexis legal and business publishing business. The acquisition also includes Michie Co., a leading U.S. state law publisher.
CALIFORNIA | LOCAL
March 26, 2007 | From Times Wire Services
Robert Krakoff, 72, president and chief executive of Nielsen Business Media, died Thursday night at his home in Boston, the company announced, without specifying the cause. Krakoff joined Nielsen in August and oversaw the business publications Billboard, Hollywood Reporter and Adweek, as well as other publications and websites. He had been chairman and chief executive at Blantyre Partners, a media consulting and investment firm, and Advanstar, a business media communications company.
BUSINESS
July 19, 1995 | From Associated Press
Reed Elsevier plans to sell publishing companies in Britain, the Netherlands and the United States that generated more than $900 million in revenue last year, or about 19% of its overall group revenue, the media company said Tuesday. Reed said the sale will enable it to concentrate on scientific, business and professional publishing. The properties put up for sale include Cahners Consumer Magazines, whose U.S. titles include American Baby, Modern Bride and Sail.
BUSINESS
October 5, 1994 | MARTHA GROVES, TIMES STAFF WRITER
Mead Corp. has agreed to sell its Lexis and Nexis database services for $1.5 billion in cash to Reed Elsevier, a British-Dutch publishing company whose U.S properties include Variety and Publishers Weekly. The announcement, made late Tuesday, followed nearly five months of bidding for Mead Data Central, Mead's information retrieval subsidiary. Mead put the unit on the block in May, saying it planned to focus on its core business of making paper.
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