TITLE

Pearson Agrees to Divest Four Tests to Complete Harcourt Assessment Acquisition

PUB. DATE
February 2008
SOURCE
Educational Marketer;2/4/2008, Vol. 39 Issue 3, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Pearson PLC's consent to divest four tests to gain approval on its acquisition for Harcourt Assessment Inc. It states that the diversion order of the U.S. Department of Justice (DOJ) was undertaken to eliminate competition between Pearson and Harcourt in the clinical testing segment. It notes that the sale completes the divestiture of Harcourt education assets by Reed Elsevier PLC who acquired the business in 2001.
ACCESSION #
61355759

 

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