Pearson (PSO +2.3%) announces the acquisition of Connections Education from an investor group...

|About: Pearson plc (PSO)|By:, SA News Editor

Pearson (PSO +2.3%) announces the acquisition of Connections Education from an investor group led by Apollo Management for $400M in cash. Connections operates virtual public schools in 21 states serving more than 40,000 students, and has produced 30%-plus revenue growth in each of the past three years.