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REED INTERNATIONAL TO SELL OFF ITS CONTINENTAL PAPER AND PACKAGING INTEREST

Suggestions in the weekend press that Reed International Plc plans to sell off its continental paper and packaging interests to leave it with even more cash to spend on acquisitions in the publishing field won’t do its image among US journalists any good: the way it has snapped up the Cahners publishing group, Datamation magazine and the entertainment industry bible Variety has already earned the company the soubriquet Greed International on the other side of the Atlantic.

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CBR Staff Writer

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