3 ms·
Could it be related to Pearson PLC selling off its 50% equity stake in The Economist Group in Aug 2015 for £469m?
by n00b101 10y ago
Could it be related to Pearson PLC selling off its 50% equity stake in The Economist Group in Aug 2015 for £469m?
- seizethecheese 10y agoHighly unlikely. Pearson PLC is a publicly traded company whereas the buyers of the equity stake are private families. The families are a lot more likely to act in a way that maximizes long term value over short term profit than Pearson.