Pearson plc purchased Educational, Professional Publishing from Simon & Schuster, Inc.
November 1, 1998
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July 4, 1998 — The British media group Pearson P.L.C. agreed to buy Simon & Schuster’s educational, professional and reference publishing business from Viacom Inc.
About Simon & Schuster, Inc.
Simon & Schuster, Inc. is a global leader in the field of general interest publishing, providing consumers worldwide with a diverse range of quality books and multimedia products across a wide variety of genres and formats.
About Pearson Plc
Pearson is an international education and media company with world-leading businesses in education, business information and consumer publishing.