Reed Business Information Sold German Unit in March

Hobbled B2B titan and Variety publisher Reed Business Information made huge waves last week when it jettisoned 23 publications, and today paidContent reports that parent company Reed Elsevier has also spun off its German publishing segment to European Professional Publishers Group.

Reed’s German titles included Digital Production, Recycling and Detail.

In an interim management statement released today, Reed Elsevier said business conditions that had hindered the company at the end of 2009 would persist at least through the first half of this year.

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