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BUZZ-Pearson: jumps on imminent FT sale

** Pearson (Xetra: 858266 - news) shares up 1.8 pct close to day's high and see a spike in volume intraday after Reuters reports that the media group has decided to sell the Financial Times

** Full announcement is expected shortly, source tells Reuters

** Pearson due to report results on Friday

** Media reports on a possible sale which have done rounds for at least 3 years have put a 1 billion pound ($1.56 billion)price tag on the newspaper

($1 = 0.6408 pounds) (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)