M & F Worldwide Corp. will acquire the Data Management unit of Pearson plc for $225 million.
The deal is expected to close in the first quarter.
Data Management will be operated by and integrated with Scantron.
M & F expects to finance this purchase with cash on hand.
Data Management manufactures and services scannable data collection products, including printed forms, scanners and related software. It also provides survey consulting and tracking services.
Last spring, the company acquired John H. Harland Co., a direct marketing services company, for $1.7 billion (Direct Newsline, May2, 2007).
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