John Fallon Takes Pearson Helm And Axes Adult Education
Posted at 12:26PM Monday 07 Jan 2013
New Pearson boss John Fallon today took a £120 million hit, as he announced plans to close its UK adult-education arm — less than three years after buying the core business, Melorio, for £99 million.
Pearson, owner of the Financial Times and book publisher Penguin, said it will try to sell the assets of the business, now called Pearson in Practice.
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