Hat tip to Bloomberg - FTSE 100-listed Pearson has just confirmed it is in "advanced discussions" about selling the Financial Times, which seems to have sent the UK media scene into a complete tailspin.
I guess, too, there is a lot of egg on face for most of the media commentariat (including me, perhaps), which dismissed the Bloomberg report from earlier in the week as just a re-hash of its story from a couple of years ago.
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label Pearson. Show all posts
Showing posts with label Pearson. Show all posts
Thursday, 23 July 2015
Tuesday, 21 July 2015
Bloomberg reveals Pearson planning to sell the FT - again! - part 2
Bloomberg's "scoop" about FTSE 100-listed Pearson weighing a sale of the Financial Times got short yesterday shift from City analysts, media commentators and investors.
For example, here is a piece from Roy Greenslade, The Guardian's media commentator, on the Bloomberg story:
For example, here is a piece from Roy Greenslade, The Guardian's media commentator, on the Bloomberg story:
Monday, 20 July 2015
Bloomberg reveals Pearson planning to sell the FT - again!
Bloomberg has just "broken" the news that Pearson is weighing a £1 billion plus sale of the Pink' un. Here is a link to the Bloomberg exclusive:
http://www.bloomberg.com/news/articles/2015-07-20/pearson-said-to-explore-sale-of-financial-times-after-approaches
http://www.bloomberg.com/news/articles/2015-07-20/pearson-said-to-explore-sale-of-financial-times-after-approaches
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