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Reed Elsevier Puts Chunk Of RBI-US Up For Sale; Smith Out As CEO

Jul 30, 2009 1:09 PM

Reed Elsevier (NYSE: RUK) plans to sell off a major portion of its U.S. assets—including B&C and Multichannel News—but will keep Variety, which has a detailed report. At the same time, the company announced that longtime U.S. top exec Tad Smith is leaving as CEO of Reed Business Information-U.S., effective…

some thoughts from rafat, after the jump »

Posted In: Media & Publishing, Magazines, Companies, Reed Elsevier, keith jones, reed business information, tad smith

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