No sell-off for Reed Elsevier

Telegraph – “Reed has come under pressure from some investors to sell off its LexisNexis Legal & Professional business amid claims the division is suffering from under-investment and increasing competition. However, Erik Engstrom, Reed’s chief executive, said all of the company’s major units were there to stay and that the business would only consider smaller disposals within each unit: “We continually try to proactively adjust our business mix”.

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