Morgan Lewis Represents Pearson plc

Morgan Lewis represented Pearson plc in connection with its $950 million acquisition of Harcourt Assessment, owned by Reed Elsevier, before the Antitrust Division of the U.S. Department of Justice. In order to obtain U.S. antitrust clearance, Pearson agreed to divest up to four clinical assessment tests, including one in development. The tests that will need to be divested represent less than 1% of the total revenues relating to the business being acquired. The Morgan Lewis team consisted of partners Harry Robins and Willard Tom who were assisted by associates Heather Fuentes, Alexis Gilman, and Sarah Rabinovici. Morgan Lewis also represented Pearson on the corporate side of the deal which was signed in May and is expected to close this week.