Reed Elsevier: Reed redefines

Reed Elsevier is redefining itself. The Anglo-Dutch group is putting its business-to-business magazine arm up for sale and is paying $2.4bn for US risk management group ChoicePoint, an information research specialist. Chief executive Crispin Davis says this will transform Reed from a publisher into a focused “online work-flow solutions provider”. The name might not have quite the same ring to it, but it’s a smart move. Over the last four years, Reed has been steadily shedding its traditional cyc...