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Pearson, educational publisher and owner of Penguin, is to sell its US data management business, according to the Financial Times.
The company has agreed the $225m (£167m) sale of its data management business, which designs and makes the equipment needed for schools and employers to scan and mark tests electronically, reports the newspaper.
"M&F Worldwide, a US holding company with operations ranging from bank cheque printing to producing liquorice for flavoured cigarettes, has made an all-cash offer for the business. The group already owns Scantron, which provides educational and commercial assessment and survey tools. The sale follows Pearson's $950m acquisition of Harcourt Assessment and Harcourt Education International from Reed Elsevier last year, and its decision to dispose of Les Echos and its stake in FT Deutschland, its financial newspapers in France and Germany."