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July 20, 2008By Michael Cader

McGraw Hill Joins Equity Firms Interested in Reed Business

July 20, 2008By Michael Cader

The Telegraph says that McGraw Hill is one of the few actual publishing companies to express interest in bidding on Reed Business Information, along with a number of private equity firms. Reed is making available 160 million pounds in loans and has arranged another 560 million pounds in credit from a consortium of bankers to make it easier to unload the unit in one piece. First round bids are due by mid-August.Telegraph

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Filed Under: News Tagged With: M&A

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