Deals
Nikkei to Buy Pearson's FT for $1.3 Billion
This article is for subscribers only.
After almost six decades of stewardship of one of Britain’s most storied institutions -- the Financial Times -- Pearson Plc is selling the business daily to Japan’s biggest financial news group.
The London-based publishing company on Thursday said Nikkei Inc. had agreed to buy the paper, known for its salmon-hued pages and trenchant analysis of the global economy.