I am now reliably informed that when Pearson acquired the two US Harcourt educational units (my blog of 5 July) they did indeed also acquire Reed NZ and I gather that the NZ staff of both companies have been informed of that news without any details as to how and when this will all take place.
It would be a reasonable guess though that Pearson's NZ educational publishing arm will take over the various educational pieces of Reed while Penguin NZ will absorb the Reed NZ publishing perhaps maintaining the Reed name as an imprint.
And sooner rather than later.
During my years at Penguin Books NZ the UK parent company acquired a number of publishing houses - Michael Joseph, and Hamish Hamilton are two that spring to mind - and in all cases the staff and lists of the companies were subsumed into Penguin with the company names remaining as imprints.
This is pretty standard practice and is seen at Random House NZ for example where local publisher Godwit was taken over and the name kept as an imprint.
How ironic though that Reed are celebrating their centennial this month with a series of trade parties around the country and have just published the beautiful WHARE RAUPO - The Reed Books Story.