Reed Elsevier denies reports that LexisNexis is for sale

Salamander Davoudi (@sdavoudi) of the Financial Times reports that publishing giant, Reed Elsevier, denies reports that LexisNexis is for sale. Management intends to pursue only small-scale merger and acquisition activity within its five divisions over the next 12 months, according to two people familiar with the company’s plans, and has no plans to sell its Lexis-Nexis Legal & Professional business despite calls for its divestiture.
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