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Pearson has capacity for $1.6bn in deals

Published by Punch on Tue, 28 Feb 2012


Pearson Plc, the publisher of the Financial Times newspaper, has headroom for 1bn of acquisitions ($1.6bn) as e-books and digital publishing drive revenue growth. Pearson predicts growth in revenue and operating profit, which excludes gains from the sales of subsidiaries, in 2012 as increased digital transactions offset weak advertising and the effect of lower college
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