MORE ON THE PEARSON/HARCOURT BUYOUT OVERNIGHT

This from Forbes..................

from The Book Standard

and this from Associated Press

And from Bloomberg

Some in the trade in New Zealand have wondered if Reeds in NZ would be "taken over" by Penguin NZ but reading these reports and about 30 others (!) it seems that the acquisition only applies to the two Harcourt educational units.

I will follow this story in coming days and keep you posted. It is obviously big news in the publishing world and is atttracting a lot of comment and coverage.