Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a potential deal worth more than £6.4bn. News of the possible offer from Apollo sent shares in Pearson, which is finally emerging from a seven-year slump marked by a string of profit warnings and a record £2.6bn loss, up 20%, making it the top riser on the FTSE 100 on Friday. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2022-03-11 13:22:21 UTC ]
Pearson has admitted a data breach that saw around 13,000 of its US school and university student accounts accessed by hackers. Continue reading at The Bookseller
[ The Bookseller | 2019-08-04 19:12:10 UTC ]
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As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
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Two Sunwing employees accused of importing cocaine through Toronto's Pearson airport are among 11 people facing dozens of drug-trafficking charges after an undercover operation led by Kitchener RCMP and involving law enforcement in southern... Continue reading at CBC
[ CBC | 2019-07-26 14:59:35 UTC ]
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Advertisers looking to shill for their products and services within the context of an Emmy Award-winning series are once again more or less out of luck, as premium cable and streaming platforms gobbled up most of this morning’s nominations. Of the dozens of scripted, reality and variety series... Continue reading at Advertising Age
[ Advertising Age | 2019-07-16 19:19:03 UTC ]
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Now Pearson is moving to digital-only, new generations will miss the memories bound up with the sight and smell of booksThe world’s largest publisher of textbooks is preparing to throw in the towel on print and paper: Pearson has announced a digital-first strategy for its US market. New books... Continue reading at The Guardian
[ The Guardian | 2019-07-16 15:56:37 UTC ]
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Pearson says students will only be able to rent physical books as it makes all products "digital first". Continue reading at BBC World
[ BBC World | 2019-07-16 06:14:53 UTC ]
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Pearson will start releasing its updated US titles in digital form first as it breaks with traditional educational publishing and begins phasing out print textbooks. Continue reading at The Bookseller
[ The Bookseller | 2019-07-15 14:01:34 UTC ]
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Flights to the U.S. from Terminal 1 at Toronto's Pearson International Airport were temporarily delayed early Saturday due to a security incident, the airport says. Continue reading at CBC
[ CBC | 2019-06-22 13:59:23 UTC ]
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WPP is hooking up with IHeartMedia on a new partnership aimed at luring more audio business from marketers. The venture, called “Project Listen,” will offer creative consulting and media planning covering multiple platforms, including broadcast radio, digital streaming, podcasts, smart speakers... Continue reading at Advertising Age
[ Advertising Age | 2019-06-17 10:00:00 UTC ]
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The company has reached an agreement with two of its authors who had filed a suit alleging that the educational publisher's Cengage Unlimited subscription service will improperly cost them sales and royalty payments. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-05 00:00:00 UTC ]
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Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian
[ The Guardian | 2017-08-04 00:00:00 UTC ]
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The beleaguered FTSE 100 firm strengthens balance sheet by selling a 22% stake to Bertelsmann in deal valuing the publishing giant at $3.55bn Pearson has sold a 22% stake in Penguin Random House, the world’s biggest publisher, with titles ranging from Fifty Shades of Grey, Jamie Oliver and The... Continue reading at The Guardian
[ The Guardian | 2017-07-11 00:00:00 UTC ]
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Two mistakes from the US educational publisher would be understandable. Their confidence three months ago? Less soForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016... Continue reading at The Guardian
[ The Guardian | 2017-01-19 00:00:00 UTC ]
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The educational publisher has operated from its Cheltenham, southwest England headquarters as a standalone subsidiary of Oxford University Press since it was acquired in January for an undisclosed sum. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-09-25 00:00:00 UTC ]
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Educational publisher and FT owner, Pearson reports a rise in profits thanks to improved digital sales and growth in emerging markets. Continue reading at BBC News
[ BBC News | 2012-02-27 00:00:00 UTC ]
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