Paramount scraps $2.2bn sale of Simon & Schuster publishing to Penguin – The Guardian

Paramount scraps $2.2bn sale of Simon & Schuster publishing to Penguin – The Guardian

Penguin Random House, the worlds largest book publisher, and rival Simon & Schuster have scrapped a $2.2bn deal to merge, Penguins owner said in a statement on Monday.
Bertelsmann, a German medi… [read more]

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