The Reed Elsevier stock price gap

This is the report of a limited study on the structural stock price differences between Reed and Elsevier. The purpose of this study is to provide an overview of the problem area and to formulate and discuss several hypotheses regarding the causes of this gap. The research was performed by interviewing bankers, financial analysts, academics and the Director Corporate Finance of Reed-Elsevier. Statistical evaluation was not the primary goal. A solution of the gap problem is not yet found.