There are no signs of that RBI's divestment plans have been canceled, but the Blog disappeared watching this process has been shut down.
Maybe this entry from 2-May-2008 tells us way:
"... Rumour has it that RE and RBI board members have visited Divestment Watch, and it has even come up during chats with the bankers (UBS) and the consultants (PWC) so it's nice to know that there are some people interested and hopefully listening.
DivestmentWatch has had 5000+ unique visitors so far, and averages about 150 to 200 a day, with a regular core readership of about 50-60 (thanks for your support!). I hope that it has helped you in some way.
Reed Elsevier Is Divesting Reed Business Information