Pearson 'Happy' Part-Owner of Penguin Random House

Shelf Awareness

John Fallon

"We have a 47% share in Penguin Random House, and we are very happy to continue to be shareholders with the progress they are making."

--Pearson CEO John Fallon, as quoted by the Bookseller, when asked in an investors call last week about whether the company will sell Penguin, following Pearson announcements about the sale of its Financial Times business and its 50% interest in the Economist Group.