UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2008
PEARSON plc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant's name into English)
80 Strand
London, England WC2R 0RL
44-20-7010-2000
(Address of principal executive office)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
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This Report includes the following documents:
1. A press release from Pearson plc announcing Disposal
30 January 2008
PEARSON TO SELL ITS FT DEUTSCHLAND STAKE TO GRUNER + JAHR
Pearson, the international education and information company, today announces
that it has agreed to sell its 50% stake in Financial Times Deutschland to
Gruner + Jahr.
The transaction, which will increase Gruner + Jahr's stake in FT Deutschland to
100%, is subject to regulatory approval and is expected to complete in the first
quarter of 2008. It includes arrangements for the FT to licence the Financial
Times brand and FT content to FT Deutschland.
FT Deutschland was launched in 2000 and now has a circulation of approximately
105,000. Pearson's share of the gross assets of FT Deutschland was approximately
EUR8m at 31 December 2007.
Rona Fairhead, chief executive of the Financial Times Group, said:
"We are incredibly proud to have played a part in launching and building a
leading business newspaper in Germany. However, the FT Group is increasingly
focussed on the worldwide expansion of the Financial Times and our digital
financial information businesses. FT Deutschland no longer fits within that
strategy, but we are very pleased to have found such a good home for a great
newspaper. Gruner + Jahr has been a terrific partner and we wish all the people
of FT Deutschland every success."
ENDS
For more information:
Luke Swanson/ Simon Mays-Smith/ Charles Goldsmith +44 (0)20 7010 2310
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
PEARSON plc
Date: 30 January 2008
By: /s/ STEPHEN JONES
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Stephen Jones
Deputy Secretary