Tuesday, 21 July 2015

Bloomberg reveals Pearson planning to sell the FT - again! - part 2

Bloomberg's "scoop" about FTSE 100-listed Pearson weighing a sale of the Financial Times got short yesterday shift from City analysts, media commentators and investors.

For example, here is a piece from Roy Greenslade, The Guardian's media commentator, on the Bloomberg story:


However, while reflecting on Bloomberg's tale last night I remembered something that might - and I mean might - be relevant to the situation.

About eight months ago a source showed me a memo that was basically a list of acquisition targets for CNBC - the American business news channel that prattles on all day about what's happening in markets. The memo was put together for the higher ups at CNBC/its owners and the Financial Times was on the "list".

To be honest, the "list" was not particularly innovative and contained all the usual potential takeover targets in financial publishing. So, for example, Mergermarket.com (which, ironically, used to be owned by Pearson but is now owned by private equity firm BC Partners) was also on the infamous "list" as were several other financial publishing assets.

And if I'm being completely candid, I haven't had any visibility whatsoever on this situation since I was shown the "list", so CNBC's aspirations in financial publishing may have gone absolutely nowhere.

Still, I note that Jeffrey McCracken - the global deals editor at Bloomberg, who has an excellent track record in breaking accurate market moving takeover scoops - tweeted yesterday:

reports July 24. Will they acknowledge new offers for ?


  1. Good Day !!

    I am Hwa Jurong, a Reputable, Legitimate & an accredited money
    Lender. I want to use this medium to inform you that i render reliable beneficiary
    assistance as I'll be glad to offer you a loan at 2% interest rate to
    reliable individuals.

    Services Rendered include:

    *Home Improvement
    *Inventor Loans
    *Car Loans
    *Debt Consolidation Loan
    *Line of Credit
    *Second Loan
    *Business Loans
    *Personal Loans
    *International Loans.

    Please write back if interested.
    Upon Response, you'll be mailed a Loan application form to fill. (No social
    security and no credit check, 100% Guaranteed!) I Look forward permitting me to
    be of service to you. You can contact me via e-mail:hwajurong382@yahoo.com hwajurong12@gmail.com
    Yours Sincerely,

    Hwa Jurong(MD).


    Hello everyone, am writing this Testimony because am really grateful for what Mason Diego did for me and my family, when I thought there was no hope he came and make my family feel alive again by lending us loan at a very low interest rate of 2%. Well I have been searching for a loan to settle my debts for the past three months all I met scammed and took my money until I finally met a God sent Lender. I never thought that there are still genuine loan lenders on the internet but to my greatest surprise i got my loan without wasting much time so if you are out there looking for a loan of any amount i would advise you to email Mr Diego via: { diegoloancompany@yahoo.com } or call (608) 728-8913 and be free of internet scams. thanks... Kathie Roper from California, USA.

  3. my buddy's step-aunt makes $69 /hr on the internet . She has been without work for nine months but last month her payment was $19995 just working on the internet for a few hours. read the full info here << www.time-jobs34.com