Tangent Communications Gets Pearson Australia Group Contract
04 Juli 2011 - 3:30PM
Dow Jones News
Tangent Communications PLC (TNG.LN), an integrator of technology
and marketing strategy, said Monday it has signed an agreement with
Pearson Australia Group following the latter's acquisition of the
REDgroup retail online business which includes the Borders and
Angus and Robertson websites.
MAIN FACTS:
-Tangent will continue to be a primary E-commerce provider for
the Australia book market.
-No financial details disclosed.
-Tangent shares at 1255 GMT down 4.3% at 6 pence valuing the
company at GBP9.81 million.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
ian.walker@dowjones.com
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