§ 61. Mr. Lipton
asked the Secretary of State for Employment and Productivity what information is being sought by her Department from the Reed Paper Group Limited and the International Publishing Corporation Limited, in connection with its proposed take-over bid; on what date this information was asked for; and when it will be forthcoming.
§ Mr. Kenneth Baker
asked the Secretary of State for Employment and Productivity what is the policy of her Department over the bid by the Reed Paper Group for the International Publishing Corporation; and whether she will make a statement.
§ Mrs. Castle
As I announced on 24th February, I have decided not to refer the proposed merger between the two companies to the Monopolies Commission, in the light of certain undertakings given by the Reed Group.