Pearson In Talks With Bertelsmann Regarding Possible Combination Of Penguin and Random House
25 Oktober 2012 - 6:37PM
Dow Jones News
LONDON--Pearson PLC (PSON.LN), a education and business
information company, said Thursday that it is discussing with
Bertelsmann a possible combination of Penguin and Random House.
MAIN FACTS:
-The two companies have not reached agreement and there is no
certainty that the discussions will lead to a transaction.
-Shares at 1605 GMT unchanged at 1212 pence, valuing the company
at GBP9.8 billion.
-Write to Mark Shapland at mark.shapland@dowjones.com
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