BUSINESSWEEK ONLINE : JANUARY 22, 2001 ISSUE
COVER STORY Scardino the Dealmaker In four years as CEO, she has completed deals worth at least $11 billion to tighten Pearson's focus QUIRKY BUSINESSES ARE HISTORY -- Sold Tussaud's Group of wax museums and other attractions to Charterhouse Development Capital, a private equity firm, for $528 million in October, 1998. -- Sold an 18% stake in Lazard investment banks to Gaz et Eaux holding company, which is controlled by Michel David-Weill and associates, for $615 million in June, 1999. WHILE MEDIA HOLDINGS GROW -- Bought Simon & Schuster's education business for $4.6 billion from Viacom in May, 1998. -- Acquired British children's and illustrated book publisher Dorling Kindersley Holdings PLC for $466 million in March, 2000. -- Bought National Computer Systems, an educational testing company, for $2.5 billion in July, 2000. -- Merged Pearson Television with the broadcasting assets of Germany's Bertelsmann and Belgium's Albert Frere to form RTL Group in April, 2000. Pearson holds a 22% stake, now worth $2.6 billion. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					RELATED ITEMS Chapter 2 at Pearson COVER IMAGE: Pearson's Big Bet TABLE: Pearson's Growing Empire TABLE: Scardino the Dealmaker RESUME: Marjorie Scardino PHOTO: Marjorie Scardino The Financial Times Takes On the World ONLINE EXTRA: Scardino: "It Is Not Enough to Be a Content Company" INTERACT E-Mail to Business Week Online

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