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Stock impact report

Pearson offloads U.S. textbook business [Seeking Alpha]

Pearson, Plc (PSO) 
Company Research Source: Seeking Alpha
Pearson offloads U.S. textbook business - Pearson plc (NYSE:PSO) | Seeking Alpha M&A Pearson offloads U.S. textbook business Feb. 18, 2019 4:55 AM ET | Pearson plc (PSO) Yoel Minkoff After a year of trying to find a buyer for the division, Pearson (NYSE: sell "The sale frees us up to focus on the digital first strategy that will drive our future growth," CEO John Fallon declared. The US K12 courseware unit accounted for around £20M of Pearson's operating profit in 2018, when it generated £364M of revenues. Click to subscribe to real-time analytics on PSO Now read: How To Find Breakout Stocks With Positive Price Momentum » Subscribe Show less Read more
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