25th Oct 2012 17:02
RNS Number : 5812P
Pearson PLC
25 October 2012
Press release |
25 October 2012 |
STATEMENT ON MEDIA COVERAGE REGARDING PENGUIN
Pearson notes recent media coverage regarding Penguin, its consumer publishing division, and Random House (part of Bertelsmann). Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement and there is no certainty that the discussions will lead to a transaction. A further announcement will be made if and when appropriate.
ENDS
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