Published On: Tue, Nov 22nd, 2022
World | By

Penguin Random House and Simon & Schuster ditch $2.2B merger deal

SIMON&SCHUSTER-M&A/PENGUIN RANDOM HOUSE

Penguin Random House, the world’s largest book publisher, and rival Simon & Schuster have scrapped a $ 2.2 billion US ($ 2.9 billion Cdn) deal to merge, Penguin owner Bertelsmann said in a statement.

CBC | World News




/