Pearson sales up 20%, but write-offs hurt earnings

Milliot, Jim
March 1997
Publishers Weekly;3/24/1997, Vol. 244 Issue 12, p26
Trade Publication
Discusses the publishing conglomerate Pearson as of March, 1997. Its twenty percent sales increase in 1996; Profits for 1996, excluding the write-off for unauthorized discounts at Penguin USA; Breakdown by division and company; Impact of the integration of Putnam into Pearson; New executives including Alex Gigante and Karen Mayer; Their experience; Duties for each.


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