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Pearson Acquires Harcourt Companies

Posted May 15, 2007
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Pearson agreed to acquire Harcourt Assessment and Harcourt Education International from Reed Elsevier for $950 million in cash. The transaction does not include Harcourt's U.S. school basal and supplementary publishing businesses.

The purchase will take place in several stages, following regulatory review where required.

Pearson, http://www.pearson.com.


 
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