Thomson Learning Auction
Published October 25th, 2006
Publishing and information giant Thomson is near a plan to put its Thomson Learning division on the auction block, in a deal that could fetch somewhere north of $5bn (€3.9bn), said people familiar with the matter.
A deal would separate the company’s second-largest unit as measured both by revenue and operating income.
Analysts have been calling for a sale of Thomson Learning because it doe not fit with the company’s strategy of selling to professionals.
