Nikkei buys the Financial Times for $1.29 billion

Update 10:30 a.m.: Pearson announced that it has sold the Financial Times to Japanese financial newspaper Nikkei for $1.29 billion, Politico reports. German publisher Axel Springer had also reportedly been in talks to buy the publication.

We previously noted that London-based publisher Pearson confirmed Thursday that it was in "advanced talks" about selling the Financial Times newspaper. While Pearson didn't identify the potential buyer, a source told Reuters that the group was planning to...

What feeling does this article give you?

#hashtags to follow:

Update 10 [+]    Pearson [+]    Financial Times [+]    Nikkei [+]    Politico [+]    Axel Springer [+]    London [+]    Reuters [+]   

More #news: