Financial Times FT.com

Ex-director mounts bid for Reed arm

By Salamander Davoudi and Ben Fenton

Published: September 5 2008 03:00 | Last updated: September 5 2008 03:00

A former non-executive director of Reed Elsevier has teamed up with private equity group Apollo to make a bid for the publisher's business information division.

Strauss Zelnick, former chief executive of BMG Entertainment, the music and entertainment company, served on Reed's board as a non-executive director be-tween 2005 and 2007.

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