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Pearson Steps up Moves to Sell its Stake in Penguin Random House

Pearson Steps up Moves to Sell its Stake in Penguin Random House

Pearson has said in a press communication today that operational profits will be below initial expectations for 2016 and it will not now achieve its target of £800 million in 2018. Pearson reported that North American higher education market sales in 2016 were worse than forecast, with a poor fourth quarter and a revenue drop of 30% compared with the last quarter of 2015. The press release reveals

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