Wednesday, July 12, 2006

 
Pearson's Financial Difficulties

Barely one week after I predicted that Pearson would restructure their business, rumors of restructuring hit the press. In truth, I'm not that prescient--the rumors are that they will sell their financial publications to concentrate on their education business, which is the opposite of what I predicted. I'll therefore weigh in with another prediction: selling FT buys the education business time, but if they don't hire some technology management expertise, look for Pearson education to find itself in serious trouble a year from now.

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