Random House and Penguin Are Negotiating a Merger
Random House, owned by Bertlesmann, and Penguin, owned by Pearson, are negotiating a merger that would create a publisher that would control 25 percent of the American book market.
View ArticleNews Corp. May Bid for Penguin for Publishing Spinoff
News Corporation is exploring a cash bid for Pearson PLC’s Penguin book division, a step that could ignite a bidding war for Penguin as the publishing industry begins to move toward consolidation.
View ArticleHead of Financial Times Group to Step Down
Rona Fairhead's departure follows the announcement that Pearson's chief executive, Marjorie Scardino, would be leaving her post. Their exits are likely to fuel speculation that Pearson will look to...
View ArticleNew Leader for Pearson Unit That Includes Financial Times
John Ridding, the current chief executive of the newspaper, will run the FT Group, a subsidiary of Pearson that includes the newspaper and half of The Economist magazine.
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