Pearson to sell 22 percent stake in Penguin Random House to Bertelsmann

LONDON (Reuters) - Britain's Pearson has agreed to sell a 22 percent stake in book publisher Penguin Random House to joint venture partner Bertelsmann for around $1 billion to bolster its balance sheet and return cash to shareholders.

Pearson to sell 22 percent stake in Penguin Random House to Bertelsmann
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