Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Pearson plc    PSON   GB0006776081

PEARSON PLC (PSON)

19
Delayed Quote. Delayed London Stock Exchange - 10/21 11:35:10 am
1165 GBp   +2.46%
1d ago Top Allergan holder Paulson urges deal with Shire - sources
1d ago TOP ALLERGAN HOLDER PAULSON URGES DE : sources
1d ago Valeant says may raise Allergan bid; beats on profit
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

EU to decide on Bertelsmann, Pearson publisher deal by April 5

02/27/2013 | 06:19am US/Eastern

EU antitrust regulators will decide by April 5 whether to clear plans by Germany's Bertelsmann (>> Bertelsmann AG) and Britain's Pearson (>> Pearson plc) to merge their publishers Random House and Penguin.

EU antitrust regulators will decide by April 5 whether to clear plans by Germany's Bertelsmann (>> Bertelsmann AG) and Britain's Pearson (>> Pearson plc) to merge their publishers Random House and Penguin.

Europe's largest media company Bertelsmann, owner of Random House, and Pearson, which owns the Financial Times as well as Penguin, filed for EU approval of their proposed joint venture on Tuesday, the European Commission said on its website on Wednesday.

The deal, unveiled in October, aims to strengthen the companies' bargaining power against Amazon (>> Amazon.com, Inc.) and Apple (>> Apple Inc.), especially in the fast-growing e-book market.

The merged company, to be named Penguin Random House, will bring under one roof fantasy novelist Terry Pratchett, "Fifty Shades of Grey" author E.L. James and 2012 Nobel prize winner Mo Yan.

Some antitrust experts say the deal may attract close regulatory scrutiny because of evolving industry trends.

But others disagree, saying that the two publishers have different geographic presences, with Random House strong in Britain and the United States while Penguin is strong in fast-growing developing markets.

(Reporting by Foo Yun Chee; Editing by Hans-Juergen Peters)

Stocks treated in this article : Apple Inc., Amazon.com, Inc., Bertelsmann AG, Pearson plc
Latest news on PEARSON PLC
1d ago Top Allergan holder Paulson urges deal with Shire - sources
1d ago TOP ALLERGAN HOLDER PAULSON URGES DE : sources
1d ago Valeant says may raise Allergan bid; beats on profit
1d ago Valeant CEO sees revised Allergan bid worth more than $200 per share
1d ago Valeant may raise Allergan bid, says it won't walk away
5d ago PEARSON : Tim Score appointed to Pearson board
10/06 In digital push, Bertelsmann buys rest of G+J
10/02 PEARSON : Executive Receives, Sells Shares (DIRECTOR DEALINGS)
10/01 PEARSON : Non-Executives Buy Shares, ADRs (DIRECTOR DEALINGS)
09/29 PEARSON : *traders: macquarie raises pearson to 'outperform' ('underperform')
Advertisement
Chart
Duration : Period :
Pearson plc Technical Analysis Chart | PSON | GB0006776081 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF