Japanese Media Group Nikkei Buys the Financial Times for $1.29 Billion

Earlier this week, Bloomberg reported that global education company Pearson was eager to sell the Financial Times, the pink-hued newspaper it has owned for 58 years. Today, Japanese media giant Nikkei said that it had bought the FT Group for $1.29 billion, according to Marketwatch. Pearson is not selling its ...

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