Kate Worlock, director of information market analysts EPS, has questioned the strategy of ProQuest in selling its Information and Learning division, when all around it are selling off their education businesses.
In the report ProQuest: Focus now solely on schools, Worlock writes: "At a time when other businesses are disposing of their education divisions, ProQuest's sale of its more reliable and profitable assets has clearly shaken investors".
In the report she highlights how the sale of Information and Learning, as well as the sale of its automotive parts information service ProQuest Business Solutions will enable the company to significantly pay off its debts.
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