From: Ann Shumelda Okerson <[log in to unmask]>
Date: Sun, 15 Nov 2015 20:25:14 -0500

Joe, I didn't mean to suggest either that "portfolio is dead" means
the end of acquisitions, or that EBSCO, ProQuest, and numerous other
companies are not strategic and smart -- they are, very.

Perhaps what I'm saying, indirectly, is that to folks like me, who are
not industry specialists, some of the purchases these smart and
strategic companies make are puzzling.  We librarians (or this
librarian) scratch our chins and say, "now why did they buy THAT one?"
 So, yes, I can think of some to designate as "non-core" but obviously
I'd be wrong.  Or perhaps the meaning of "core" is not all that
evident.  Cheers, Ann


On Sun, Nov 15, 2015 at 7:37 PM, LIBLICENSE <[log in to unmask]> wrote:
> From: Joseph Esposito <[log in to unmask]>
> Date: Thu, 12 Nov 2015 21:57:06 -0800
>
> To say that "the portfolio is dead" doesn't mean the end of
> acquisitions. Indeed it is likely that we will see heightened deal
> activity in the coming year or two. David Worlock's excellent analysis
> is about the shedding of noncore assets. When you look at the
> properties controlled by EBSCO and ProQuest, which would you designate
> as non-core? It seems to me that both of those companies are pretty
> smart about their acquisitions.
>
> Joe Esposito
>
> On Thu, Nov 12, 2015 at 4:37 PM, LIBLICENSE <[log in to unmask]> wrote:
>>
>> From: Ann Shumelda Okerson <[log in to unmask]>
>> Date: Thu, 12 Nov 2015 13:07:33 -0500
>>
>> http://thomsonreuters.com/en/press-releases/2015/november/explore-strategic-options-ip-science-business.html
>>
>> When this news hit the streets yesterday, David Worlock wrote a blog
>> posting that's more enlightening than the opaque TR release could
>> possibly be. David is one very smart puppy and business analyst; this
>> posting is worth a read.
>>
>> http://www.davidworlock.com/2015/11/get-smaller-to-grow-bigger/
>>
>> I was particularly interested in his last paragraph speculation that
>> portfolio may be dead.  If so, what are we to make of the other
>> acquisitive companies in our business, such as ProQuest, Ebsco, etc?