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U.K. regulators approve Reed acquisition of Harcourt

Published on .

London--Reed Elsevier plc bid for Harcourt General has been approved by U.K. regulators, paving the way for the world's biggest scientific and medical publisher. At the same time, Reed extended its offer for Harcourt shares until July 11, when the acquisition may officially close. Reed agreed late last year to buy Harcourt for $4.5 billion plus $1.2 billion in debt.
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