Pearson is also granted an option to purchase an additional 5%. Pearson’s investment is deemed to be one to expand its educational reach.
Pearson’s strategic investment in NOOK Media will accelerate customer access to digital content by pairing its leading expertise in online learning with NOOK Media’s expertise in online distribution and customer service. This will facilitate improved discovery of available digital content and services, as well as seamless access.
Why all the stuff about spiders? It’s been a slow news cycle in publishing since Christmas.