REED SAYS IT HAS NO COMMENT ON HARCOURT RUMOURS
Reed International Plc <REED.L> said it
had no comment to make on U.K. stock market rumors that
Harcourt Brace Jovanovich Inc <HBJ> may make a bid for the
company in order to escape unwelcome offers from Robert
Maxwell's British Printing and Communication Corp <BPCL.L>.
    A spokeswoman for Reed said earlier analysts forecasts that
a bid for Reed will have to be about 700 mln stg were totally
unrealistic, adding that its current market is about 2.7
billion stg.
 Reuter
