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Reply #187: Seisint was sold in October for $775 mi to Reed Elsevier PLC -owns Lexis-N [View All]

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Emit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-26-06 02:35 PM
Response to Reply #186
187. Seisint was sold in October for $775 mi to Reed Elsevier PLC -owns Lexis-N
see post # 142


from the link at that post:


Seisint was sold in October for $775 million to Reed Elsevier PLC, which owns Lexis-Nexis. But that price was down from previous offers of about $1 billion, said James Carroll, Asher's attorney... Langone, a board member of potential Seisint bidder ChoicePoint, called other potential bidders and "maliciously defamed and disparaged Seisint and Asher," according to the lawsuit. Langone told the bidders that "the books were cooked" and that "Seisint was run by 'bad people,'" in hopes of driving down the price of the company, the lawsuit claims....


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