Paramount Global has reached an agreement to sell its book division Simon & Schuster to private equity firm KKR for $1.62 billion in cash. The sale...
Paramount Global, the parent company of book-publishing company Simon & Schuster is reportedly ending plans to sell to Bertelsmann's Penguin Random House. The $2.2 billion acquisition...
The US District Court for the District of Columbia ruled in favor of the Justice Department in a civil antitrust lawsuit to block the $2.2 billion...
The US Justice Department (DoJ) has argued that the $2.2 billion merger of two of the five biggest book publishers — Bertelsmann's Penguin Random House with...
By Emmanuel LegrandViacomCBS has sold book publisher Simon & Schuster to Bertelsmann's publishing unit Penguin Random House, in a $2.175 billion deal that will create the...