After Financial Times, Pearson Announces Plans to Sell The Economist Magazine Also

Pearson Plc moved closer to an exit from business publishing as it announced plans to dispose of its stake in the 172-year-old Economist magazine, just days after the sale of The Financial Times newspaper.   Discussions with The Economist Group’s board and trustees are under way about a disposal of its 50 percent holding in the unit, London-based Pearson said on Saturday. The Economist was among assets that were excluded from a $1.3 billion agreement to divest the FT Group to Japan’s Nikkei Inc. in the same week.