This post originally appeared on LinkedIn.

As you would all know by now, Pearson sold the FT Group yesterday to Nikkei for US$1.3b. The FT Group includes FT, some magazines such as Banker, Investor’s Chronicle, a 50% stake in Russian Biz Paper Vedomosti, an-EIU type co called Medley Global Advisors etc.

The valuation, at ~35X the adjusted operating income of $37m (on rev of $559m for 2014) is amongst

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