Press Release: Pearson to sell FT Group to Nikkei Inc.
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John Fallon, Pearson's chief executive, said:
"Pearson has been a proud proprietor of the FT for nearly 60 years. But we've reached an inflection point in media, driven by the explosive growth of mobile and social. In this new environment, the best way to ensure the FT's journalistic and commercial success is for it to be part of a global, digital news company.
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