Pearson Puts Mergermarket News Service Up For Sale

Law360, New York (July 26, 2013, 1:52 PM EDT) -- British publishing giant Pearson PLC on Friday put its Mergermarket news service up for sale, a move in line with a broader company strategy that favors its flagship education business and growing digital services, as well as operations in sought-after emerging markets.

The company did not name its price for the publication, but Pearson CEO John Fallon said on an earnings call that Mergermarket is a “good, profitable, decent-margin business” that generates about £100 million ($154 million) in annual sales.

Mergermarket, which covers mergers and acquisitions...
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