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Nov 10, 2008 4:21 AM
Just a few days after Reed Elsevier (NYSE: RUK) named a new CEO, it’s already lost one bidder for its on-the-block Reed Business Information (RBI) publishing unit. US equity fund management Apollo Management has pulled out of the auction, Financial News reports, citing “a source close to the situation”. That’s…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Reed Elsevier, apollo management, reed business information
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