Tag "3"

Financial Times sold by Pearson for $1.3B

How To Spend It’s Oct. 19 cover Publisher Pearson is selling the FT Group to Japanese-based global media company Nikkei Inc. for a gross amount of $1.3 billion. This sale includes the FT newspaper, the publication’s Web site and supplement magazine How To Spend It, along with other titles, with a combined circulation of 737,000. With Nikkei’s experience in running journalistic publications, Pearson expects the group to “continue to flourish”