FishbowlNY FishbowlDC LostRemote InsideMobileApps InsideSocialGames 10,000 Words TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Reed Elsevier, Pearson Shares Fall

Marketwatch reports that Reed Elsevier was a top decliner Tuesday, down 2.8% while Pearson shares declined 0.4%. Shares in Reed Elsevier declined as analysts noted that the positions held by both companies in the U.S. educational publishing market mean the deal will be investigated by regulatory authorities, and may not close until the first half of next year.

“The market shares of Reed/Harcourt and Houghton Mifflin Riverdeep are approximately 20% and 15% and, accordingly, the transaction will be investigated,” said analysts at Numis Securities. Analysts at Bear Stearns noted: “Riverdeep has suddenly become the No. 1 U.S. schools publisher with a market share of approximately 33%, overtaking Pearson at 37% and McGraw Hill at 22%.”

Mediabistro Course

Personal Essay Writing

Personal Essay WritingStarting October 28, work with a published journalist to draft, edit, and sell your first-person essays! Jessica Olien will help you to workshop your writing so that it's ready to pitch to editors. You'll learn how to tell your personal story, self-edit you work to assess voice, style, and tone, and sell your essays for publication. Register now!