Financial Times Barry O Callaghan

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. According to Reed Elseveir’s 2006 financial report released yesterday, the company said it will focus more on its science and medical, legal and business segments. The report said Harcourt’s business dynamics and strategy have increasingly differed from the other three divisions. “The planned

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