Mead to Sell Its Data Base Unit
At a time when communications and entertainment giants are eager to enter the electronic information business, the largest provider of on-line information services plans to drop out to concentrate on making paper. The Mead Corporation said yesterday that it would sell its Mead Data Central unit, which provides computer access to data bases that include Lexis, used by lawyers and legal scholars, and Nexis, which contains articles from a long list of newspapers, magazines and other periodicals.