REDgroup administration: Pearson to acquire REDgroup online

Monday, 4 July 2011 Books+Publishing

Pearson Australia has announced this afternoon that it has reached an agreement with REDgroup Retail administrators Ferrier Hodgson to purchase REDgroup's online business. The agreement includes both the Borders and Angus & Robertson (A&R) websites, which will continue to use the same back-end infrastructure provided by UK-based Tangent Labs. The online...