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Pearson PLC to sell Mergermarket Group to BC Partners

Friday, 29 Nov 2013 06:19am EST 

Pearson PLC:Says it has agreed the sale of The Mergermarket Group to funds advised by BC Partners for an enterprise value of 382 million pounds, payable in cash.Says Mergermarket is a provider of global corporate financial news.Says the transaction is expected to close by the end of the first quarter of 2014. 

Company Quote

-0.16 -0.80%
11:27am EDT