Riverdeep Tipped as Imminent Harcourt Buyer Barry O’Callaghan, the Irish businessman with the magical touch for raising capital to fuel mammoth educational purchases (at mammoth prices) is reported by the FT as being “close to acquiring the remaining units of Harcourt Education, the US publishing division of Reed Elsevier, in a deal which could be valued at around $4 billion. People familiar with the situation said the deal could be announced on Monday.” The trade divisions would stand as a sideshow to the expected combination of Houghton and Harcourt’s educational lines. But given that many observers expected most potential Harcourt […]
