The Thomson Corp., which has proposed paying more than $17 billion for the British financial news provider, freed up cash Friday by announcing that it agreed to sell education and publishing-related properties for $7.75 billion. The agreement to sell Thomson Learning to two companies is seen as preparation for the company’s blockbuster proposal to purchase Reuters (RTRSY).

Hollywood writers

Hollywood studios are speeding production on movies and TV shows, preparing for a possible strike by writers and more trouble next year when contracts with actors and directors expire. TV networks, which are in the midst of planning fall schedules, also might pack their lineups with more reality showsand other unscripted fare as protection against a possible strike.