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Financial Times Poised for New Ownership

LONDON—Britain’s salmon-colored Financial Times faces a new section in a 127-year story after owners Pearson PLC on Thursday pronounced it would sell a paper to Japan’s Nikkei.

Pearson has owned a Financial Times, or FT for those in a know, given 1957. Pearson stranded with a paper even as changes in promotion markets, descending imitation dissemination and expansion in digital media stirred other journal proprietors to exit the…

Article source: http://www.wsj.com/articles/financial-times-poised-for-new-ownership-1437660676

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