- In a surprising turnaround, Japan's Nikkei says it's the one buying the Financial Times from Pearson (NYSE:PSO), for $1.29B, MarketWatch reports.
- Pearson shares have been halted for news pending, +2.1% in U.S. trading today.
- Nikkei sent word of a ¥160B agreement in a mail to its subscribers.
- In competing reports this morning, Axel Springer (OTC:AXELF) had seemed to emerge as the likely buyer for the venerable paper.
- Previously: Axel Springer emerging as likely Financial Times buyer (Jul. 23 2015)
- Previously: Pearson decides to sell Financial Times (Jul. 23 2015)