Dancing with the Penguin and Reed stars

This from yesterday's Booksellers Brief 2007 # 18:

As announced earlier this week Pearson has signed an agreement to acquire the business of Harcourt Publishing. This is part of a global deal which includes all Harcourt’s educational publishing operations in the United Kingdom, South Africa, Australia and New Zealand. It also includes Harcourt’s consumer publishing business in New Zealand, the iconic and multi award-winning Reed Publishing (NZ) Ltd. In Australia and New Zealand there are regulatory processes to be gone through by the competition authorities (ACCC and NZCC) before the acquisition can be finalised (This process can take several weeks). In the meantime it is very much business as usual for Pearson and Harcourt.

Image above from Wikipedia ballroom dancing website.