Pearson share placement raises 410 million euros

Article Abstract:

Pearson PLC raised as much as 250 million pounds (410.4 million euros) in its share placement. The funds will be used to for the company's Internet expansion.

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Pearson to pay $477 million for education site eCollege

Article Abstract:

U.K.-based publisher Pearson PLC will buy American online educational services firm ECollege for $477 mil, after having already bought two Harcourt division units from Reed Elsevier PLC in a deal totaling $950 mil 10 days before. Shares for Pearson and ECollege went up 2% and 4.4% respectively.

Acquisitions & mergers, PRINTING AND PUBLISHING, Schools & educational services, not elsewhere classified, United States, Mergers, acquisitions and divestments, Company acquisition/merger, Educational services industry, Company securities, eCollege.com

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Reed Elsevier shares jump 16%

Article Abstract:

Reed Elsevier saw its share value increase by 16% after the firm announced new Internet investments worth as much as 200 million pound sterling (316.8 million euros). Reed Elsevier is a Anglo-Dutch publisher.

Securities prices, Abstract, Reed Elsevier PLC

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