Pearson Sells Stake in Canadian Financial Post

Pearson plc, the international media group, has sold its 20% stake in the Canadian Financial Post to Southam Inc. for 34.25m Canadian dollars. The disposal is consistent with Pearson’s policy of disposing of its passive investments and follows the sale by the majority shareholder, Sun Media Corporation, of its 80% stake to Southam Inc.

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Pearson plc
John Fallon
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