Pearson, the media group behind The Financial Times and publishing house Penguin, has increased its holding to TutorVista to a majority, controlling stake of 76%, for $127m. The deal values TutorVista at $213 million. Pearson acquired a minority stake in TutorVista in June 2009 and this transaction takes Pearson’s total equity investment in the company to approximately $139 million. TutorVista has two…
