An open letter to John Fallon, Chief Executive of Pearson Plc
Dear John
For the nth time, congratulations on the sale of FT to Nikkei for £825m ($1,288m).
Everybody says £844m, but you and I know that with FT Group’s £19m in the bank, the funds you have got from Japan are a tad lower at £825m. Still that is a bucketload of money. And with The Economist Group’s 50% …