Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth
FEBRUARY 26, 2018
Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. portion of its K-12 business, which includes print and digital curriculum and instructional materials. In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013. The company’s revenue from U.S.