The Scientist : A game of monopoly [8/11/2000]

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by David Nicholson

NEWS ANALYSIS

A game of monopoly

Email: David Nicholson - dn@davidnicholson.com
News from The Scientist 2000, 1(1):20001108-04

Published

8 November 2000

LONDON. Scholarly publishing faces a stern test of its integrity, following one of the largest proposed acquisitions in recent years. On 27 October, Reed Elsevier reached an agreement to acquire Harcourt's scientific, technical and medical businesses as part of a more general acquisition of Harcourt General Inc for $4.5 billion in cash, plus the assumption of $1.2 billion in debt. Reed Elsevier then intends to sell on the Harcourt adult education divisions to Thompson Corporation for $2.1 billion.

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