Pearson Admits Discussing Penguin-Random House Merger

by on October 25, 2012 in Finance

As most readers know now, fanciful rumor changed to factual possibility on Wednesday morning when Pearson issued a brief statement responding to recent press accounts: "Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement and there…

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