Italian, Agnelli family buys 43% of The Economist
British company, Pearson has sold its 50 percent stake in the company that owns The Economist magazine to the group’s other shareholders for about 730 million dollars. The move comes a month after the education company sold the Financial Times to Japan’s Nikkei newspaper for 1.3 billion dollars. Pearson’s stake is being bought, in part, by Italian company Exor-the holding company of the Agnelli family, founders of Italian carmaker Fiat.