Pearson Plc said it bought U.S. online educational services company EmbanetCompass Group Inc for $650 million. The British education and publishing group said it bought EmbanetCompass, which partners with more than 35 not-for-profit colleges and universities on online courses, from an investor group led by Technology Crossover Ventures and Knowledge Universe.
Pearson plc, (Pearson) is an international media and education company with its principal operations in the education, business information and consumer publishing markets. Shares of PSO traded higher by 0.3% or $0.06/share to $20.06. In the past year, the shares have traded as low as $16.64 and as high as $20.48. On average, 147822 shares of PSO exchange hands on a given day and today's volume is recorded at 65809.
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