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Pearson Acquires Register Group
Pearson has bought the Register Group, which monitors advertising copy, expenditure and editorial, for £16 million from a group backed by Apax Venture Capital. The Register Group was originally part of the Maxwell empire and included Media-Register, prior to its merger with MEAL forming Register-MEAL. Register-MEAL and the Register Group are now direct competitors.
The Register Group, which includes Adtrac and the TV Commercial Register, will be part of the Financial Times Group until the end of the year when it will then transfer to Pearson Professional. John Gordon, managing director of the Register Group, is to remain with the company.
