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Reed business sale in doubt

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10-09-2008, 06:29 AM

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Reed business sale in doubt

MagForum Has Just Posted the Following with the title Reed business sale in doubt

Difficulties with financing have cast doubts over the $1.26bn (£685m) sale of Reed Elsevier’s business information arm, says the FT. Reed had lined up a consortium of seven banks, but two have expressed doubts about finding the money. Business magazines profiled

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