Mediagazer: Pearson Sells Stake in South African Business Publisher BDFM (Christopher Spillane/Bloomberg)

10:05 AM ET, April 15, 2013

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Christopher Spillane / Bloomberg:

Pearson Sells Stake in South African Business Publisher BDFM — Pearson Plc (PSON), which owns the Financial Times newspaper, has agreed to sell its 50 percent stake in publisher BDFM Publishers Ltd. to South Africa's Times Media Group Ltd. (TMG), the Johannesburg-based company said today.

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