Britain'sPearsonhasagreedtosella22percentstakeinbookpublisherPenguinRandomHousetojointventurepartnerBertelsmannforaround$1billiontobolsteritsbalancesheetandretu
Japan's media company Nikkei Inc. is to acquire the FT Group from British publisher Pearson Plc for 844 million pounds, or 1.3 billion U.S. dollars in cash, ending the market rumors about the new ownership of the global news organization.
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