Moreno Talks Down Private Equity Move

Daily MailApril 29, 2007

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Summary


PEARSON chairman Glen Moreno served notice that he won't roll over to private equity bids for the Penguin and Financial Times group.

Admitting that takeover chatter had helped drive the group's share price up 11pc so far in 2007 he told investors at the annual meeting: 'I think there is still potential value in this company going forward.

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Moreno Talks Down Private Equity Move

I wish that upside to go to you. I ...

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