Several international media companies, including Reed Elsevier, are preparing potential bids for Harcourt, the US specialist publishing group, for the final round in an auction which could fetch as much as $6bn for the publisher.
LONDON (Brand Republic) – Several international media companies, including Reed Elsevier, are preparing potential bids for Harcourt, the US specialist publishing group, for the final round in an auction which could fetch as much as $6bn for the publisher.
Alongside Reed, potential bidders are thought to include Thomson Corporation of Canada and Bertelsmann. However, it is unlikely that any one publisher will seek to acquire all four of Harcourt’s divisions, analysts say.
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