Pearson buys Harcourt

8 May 2007 Books+Publishing

As reported in a WBN special bulletin on Monday, Pearson has acquired Harcourt Education International and Harcourt Assessment from parent company Reed Elsevier for a reported US$950 million (A$1.1 billion). ‘We have long admired these businesses,' Pearson CEO Marjorie Scardino said in a statement. ‘They bring new intellectual property, capabilities...