Investing

Will Pearson (PSO) Sell The Financial Times?

According to the Observer of London, many Pearson (PSO) shareholders want the company to sell the Financial Times. They believe that the paper is worth well over $1 billion, perhaps based on the price that News Corp (NWS) has been willing to bid for Dow Jones (DJ).

In recent years, Pearson has moved away from financial publishing and toward educational information.

Potential buyers could be Thomson (TOC) which recently bought Reuters (RTRSY) and Murdoch.

Douglas A. McIntyre

 

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