Cengage-McGraw Hill proposed merger "major headache" for Pearson - Liberum

Cengage Learning Holdings II

01/05/2019 13:14

** Shares in British education publisher Pearson  PSON.L 
dip 1.7 pct at 816 pence 
    ** WSJ reports McGraw-Hill education and Cengage Learning
 CNGO.PK  considering a merger
    ** Deal to create second-largest U.S. provider of textbooks
and higher-education materials, report says
    ** "While a combined Cengage-McGraw Hill entity would match
Pearson in terms of market share, the biggest risk for Pearson
is that it raises the risk of significant price deflation and
loss of share" - Liberum  

 (Reporting by Samantha Machado in Bengaluru)
 ((RM: Samantha.machado@thomsonreuters.com))