UK equity groups eye German publisher

["Hamaker, Chuck" <cahamake@email.uncc.edu>]

Carol Hutchins of the Courant Institute (NYU) has identified this article
in the Financial Times from December regarding Bertlesmans attempt to sell
Springer. I've excerpted some of it below.  Thank you Carol. Chuck


Copyright 2002 The Financial Times Limited 
Financial Times (London) 
December 24, 2002, Tuesday London Edition 1 
SECTION: FRONT PAGE - COMPANIES & MARKETS; Pg. 17 
LENGTH: 331 words 
HEADLINE: UK equity groups eye German publisher 
BYLINE: By TIM BURT 

....

Cinven and Candover ...hope to integrate BertelsmannSpringer, ....with
Kluwer Academic Publishers,....

...

(Bertelsman)... issued a detailed information memorandum on its science
and business publishing arm, inviting preliminary offers by the end of
January. Several potential trade buyers - including Reed Elsevier, the
Anglo-Dutch publishing group, and Taylor & Francis of the UK - have
requested copies of the memorandum.

...

Merrill Lynch, which is conducting the auction, is due to recommend a 
shortlist of bidders to Bertelsmann once initial offers have been received.