Inside The Deals: Reed Elsevier Tests The Market
Ed’s Note: Welcome to Inside The Deals, a weekly column about M&A in the media written by veteran business journalist Steve Rosenbush. Steve is based in New York, and previously was the finance writer for BusinessWeek.com, responsible for coverage of M&A. His interests include the evolving business of media. He can be reached at steve AT paidcontent.org.
Reed Elsevier (NYSE: RUK) knows it won
So the Reed Busines divestment is to be a "canary in a coal mine" for the financial markets? http://divestmentwatch.blogspot.com/2008/03/canary-in-financial-coal-mine.html
Does that imply that some people will have a vested interest in getting the deal done just to show that the canary is still singing, regardless of the underlying fundamentals of the deal?
Also, it seems that the auction rumour is 100% confirmed by your post, if you have a source? http://divestmentwatch.blogspot.com/2008/03/carlyle-and-pending-auction.html