Following their big news Thursday on the sale of the FT Group to Nikkei, Pearson reported half-year 2015 results on Friday morning. (Bloomberg gets detailed background on the FT sale process, and says that Nikkei’s final bid — £100 million more than Axel Springer’s offer — topped Pearson’s own asking price of £800 million.) Pearson’s sales of £2.157 billion were up 5 percent versus $2.047 billion a year ago, and up a slimmer 1 percent on a currency neutral basis. The company stands by its earlier guidance for full-year results. Adjusted operating profit from continuing operations was down £1 million to […]
