Reed Elsevier to Merge Assets, Rename as RELX Group

Financial Times: Reed Elsevier plans to change its name to RELX Group and simplify its corporate structure by combining the assets of its U.K. and Dutch parent companies into a single group entity. CEO Erik Engstrom said that a “shorter and more modern name” was chosen to reflect the company’s transformation from a publishing group to a “technology, content and analytics driven business.” There will not be any brand or name changes for any of the company’s business units.