The accounting problems at ProQuest Co. raise questions about whether the company will continue to exist – at least under that name – even as it begins moving into a new $34 million headquarters building on Eisenhower Parkway next Monday….
Its problems are big enough that it is planning to sell off its most profitable division to raise cash – and company officials say they are not counting out selling the entire company to maximize shareholder value.
Readers may remember that it was only a little over a month ago that I lamented [When Things Go South] the sale of the Canadian Almanac and Directory to ProQuest. Betcha they’d be willing to disgorge it now. What say we take a whip-round and bring the old thing home?