Pearson Plans to Keep Penguin Random House Until 2017

Updated on
  • Pearson is one year from achieving `peak synergies' in venture
  • Bertelsmann has said it's interested in buying Pearson's stake

Pearson Plc, which agreed to sell the Financial Times in July, intends to hold on to its final media asset, Penguin Random House, until at least 2017, Chief Executive Officer John Fallon said.

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