Monday, June 18, 2007

Possible Pearson FT sale seen in Dow deal

(Reuters) - The world's largest educational publisher, London-based Pearson has long been under pressure from investors and analysts to dispose of the high-profile newspaper, a notion that has firmly been rejected by Chief Executive Marjorie Scardino.




The two business newspapers reported on Monday that Pearson was working with General Electric Co. to make a bid for Dow Jones & Co. Inc. in a deal that would place GE's CNBC business television channel, the FT and Dow's Wall Street Journal in one privately held joint venture.


Read more at Reuters.com Business News

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