Elsevier Puts Harcourt Up for Sale

Reed Elsevier put its Harcourt Education unit up for for grabs to the highest bidder this week, as the company announced its plans to focus in on its other segments.

Harcourt Education, which serves the Pre-K to 12th-grade assessment and trade markets, was the only Reed division to post a decline in sales last year. It saw its profits drop 20 percent in 2006.