Pearson

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Pearson plc is a London-based media conglomerate. It is the largest book publisher in the UK, India, Australia and New Zealand, and the second largest in the US and Canada. In 2003 it had sales of £4,048m ($7,246m) and operating profits of £490m ($877m). Marjorie Scardino has been CEO since 1997. Its headquarters today are at 80 Strand, the former Shell Mex House.

In January 2007 it was widely reported that plans are afoot for Pearson to be taken over by Kohlberg Kravis Roberts, which drove the shares to new 5-year highs.

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Notes

  1. ^ http://money.cnn.com/2007/01/17/news/companies/pearson.reut/index.htm?source=yahoo_quote CNN story