Media sector goes deal crazy.

Investors Chronicle - magazine and web content, May, 2007

Four large prospective media deals in a week leave shareholders and analysts gasping for breath

The publishing sector is awash with corporate activity. Pearson - the owner of Investors Chronicle - is buying parts of Reed Elsevier's Harcourt Education division; Canadian group Thomson Corporation has made an offer for Reuters; European regional newspaper publisher Mecom has reached an agreement to buy Dutch publisher Koninklijke Wegener; and EMI has received "preliminary indications of interest" from unnamed parties.

The publishing sector is awash with corporate activity. Pearson - the owner of Investors Chronicle - is buying parts of Reed Elsevier's Harcourt Education division; Canadian group Thomson Corporation has made an offer for Reuters;...

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