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Italian, Agnelli family buys 43% of The Economist

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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.

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