Storied Asset Sales: Valuing and Pricing "Trophy" Assets
aswathdamodaran.substack.com
Pearson PLC, the British publishing/education company, has been busy this summer, shedding itself of its ownership in two iconic media investments, the Financial Times and the Economist. On July 23, 2015, it sold its stake in the Financial Times for $1.3 billion to Nikkei, the Japanese media company
Storied Asset Sales: Valuing and Pricing "Trophy" Assets
Storied Asset Sales: Valuing and Pricing…
Storied Asset Sales: Valuing and Pricing "Trophy" Assets
Pearson PLC, the British publishing/education company, has been busy this summer, shedding itself of its ownership in two iconic media investments, the Financial Times and the Economist. On July 23, 2015, it sold its stake in the Financial Times for $1.3 billion to Nikkei, the Japanese media company