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With US$1.3b and no pink paper, Pearson goes back to school

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With its sale of the Financial Times and efforts to offload its half-interest in The Economist, Pearson Plc is exiting a troubled sector to expand in one that's struggling to grow.

London

WITH its sale of the Financial Times and efforts to offload its half-interest in The Economist, Pearson Plc is exiting a troubled sector to expand in one that's struggling to grow.

Chief executive officer John Fallon says he plans to use the proceeds from the two...

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