Posted on 12/28/2019 2:09:01 AM PST by Freedom of Speech Wins
Pearson PLC said Wednesday that Chief Executive John Fallon plans to retire next year, and that it has agreed to sell its remaining 25% stake in Penguin Random House to Bertelsmann SE & Co. KGaA for $675 million.
The London-based education publisher PSON, -0.46% said Fallon will retire in 2020 once a successor has been appointed. The company will consider both external and internal candidates as part of a succession process, it said.
Pearson said the sale of its remaining stake in Penguin Random House to its partner is in line with the companys simplification strategy and follows the disposal of a 22% interest in the joint venture two years ago.
https://www.marketwatch.com/story/pearson-ceo-to-retire-and-company-will-sell-remaining-penguin-random-house-stake-2019-12-18
(Excerpt) Read more at marketwatch.com ...
In other words, there is some crap news coming and he’s getting out.
IIRC Barrry gave them a $350M contract around common core and then they gave him a, what was it, $45M book publishing deal?
Famous letter of the alphabet was dropping about it again last night.
The “retiring” CEO is 57 years old.
Common core crimes coming, knew it knew it knew it!
Obamas sign record book deal worth estimated $65 million [REMINDER]
5/16/2018, 8:34:34 PM · by nwrep · 92 replies
AL.COM ^ | March 1, 2017
Former President Barack Obama and his wife Michele have signed a multi-million book deal with Penguin Random House. Terms of the deal were not released but Financial Times reported bidding for the two-book deal had reached more than $65 million, a record amount for presidential memoirs.
Obama Hussein got a kickback of millions.
"Get me dirt on that guy over at Penguin books.
I need a phony book deal to hide some money."
New from penguin books... its cookin the books with the obamas.... an international cook book from freedom press.
Wondering if Spygate and/or Brexit have anything to do with this...
I can’t help wondering how many FReepers here subjected their own kids to Common Core, or Common Core by any other name (such as public school math).
I suspect most...
He’s going to retire in 2020... US election year.
We need to get Judicial Watch to do a FOIA.
Judicial Watch
425 3rd Street, SW, Suite 800
Washington, DC 20024
TELE 1-888-593-8442 between 8:30am and 5:30pm EST.
And let's not forget, Dumbomba won't reveal donors to the financial entity funding
his monstrosity of a library that nobody wants in their neighborhood. Must be lotsa hanky-panky there.
We need to get Judicial Watch to do a FOIA.
ACTION NOW
Judicial Watch
425 3rd Street, SW, Suite 800
Washington, DC 20024
TELE 1-888-593-8442 between 8:30am and 5:30pm EST.
Civil Rights Division of the Department of Justice How to file a complaint: https://www.justice.gov/crt/how-file-complaint Call President Trump: Comments: 202-456-1111 Switchboard: 202-456-1414 WH EMAIL CONTACT PAGE https://www.whitehouse.gov/contact/
US CONGRESS SWITCHBOARD: (202) 224-3121
U.S. Department of Justice
Comment Line: 202-353-1555 Switchboard: 202-514-2000
FBI tip line web site----https://www.fbi.gov/tips
FBI electronic fraud unit----www.fbi.gov/scams-and-safety/common-fraud-schemes/internet-fraud
FBI Major Case Contact Center: 1-800-CALL-FBI (225-5324)
Poor thing.......thinking up ways to hide $350 million tax dollars musta exhausted him....cackle.
For at least 30 years book publishers have been the way for the leftists to provide payola to their minions.
I have watched it over and over. think of the billions leftists had had washed through book publishers.
Dirty dirty industry, with the sanctimonious air of education and wealth. Best thing that can happen, break them up, imprison the bribers, and imprison the treasonous. for being on the take in this country is akin to treason against the people.
Breaking trust given.
nope. Saxon math for my four.
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