Pearson forced to defend its strategy at rowdy a.g.m

Pearson forced to defend its strategy at rowdy a.g.m

Pearson has been forced to defend its business strategy at its a.g.m today (29th April), with shareholders voicing their anger over the decline in the company's share price. However, c.e.o John Fallon has vowed "we will get Pearson growing again".

The Pearson board was confronted by disgruntled shareholders over its “controversial” disposals of the FT and the Economist and their “misgivings” about the merger of Penguin and Random House. It was also repeatedly taken to task over perceived "brand damage" from its schools operations in the developing world and participation in the US testing ...

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