RBI to be divested by Reed Elsevier

RBI logoWell, a rather interesting mood in the office this morning.

As Press Gazette is reporting, Reed Business Information is officially for sale. We no longer fit with Reed Elsevier's business model. So, RBI is for sale.

Quite what this means in the long term? No idea. For now, it's business as usual...

Update: One of my colleagues from Flight has posted about the news on Unusual Attitude.

Update 2: Another colleague describes how she discovered the news:

A bright crisp dawn was breaking as I took my seat on the early London train today to catch the opening of the ICIS Base Oils conference, switched on my Blackberry and read that our parent company was selling us off.