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Month: February 2008

RBI for Sale: Coverage Continues

Reed Elsevier LogoLots of coverage by bloggers of Reed Elsevier's decision to divest itself of Reed Business information - my employer.

PaidContent speculates about an RBI IPO:

And Davis isn't in any hurry to sell RBI either. "It's early days -
we're ruling nothing in and nothing out". That includes an IPO for the
unit. "We are very open and flexible on how we do this and also on
timing."

Journalism.co.uk highlights RBI chief executive Keith Jones' positive take on it:

In an internal memo to staff, Keith Jones, chief executive of RBI UK, said this was 'an exciting new era' for the publisher.

"Reed
Business' senior management team are very confident in our company, as
are all the RBI UK Board - so it's very much a case of business as
usual," he said.

Read more

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.

links for 2008-02-21