Online publisher survives clash with universitiesProactive Investors.
Shares in the FTSE 100 group zipped higher last Thursday morning as its first-half results eased concerns that a stand-off with German and Swedish universities was hurting business.
The publisher has been at loggerheads with research institutions in the two countries for a while now, with some not renewing their subscriptions in protest at what they see as poor value for money. Analysts had thought that the dispute could hit revenues at Elsevier – RELX’s largest division and the one responsible for scientific, technical and medical publishing. But that part of the business saw revenues rise.
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