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Judge blocks Penguin Random House from merging with Simon & Schuster

Por: New York Post Business November 02, 2022

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A federal judge has blocked the $2.18 billion merger between two book-publishing giants — Penguin Random House and rival Paramount Simon & Schuster — saying the mega-deal would unlawfully reduce competition. On Monday, US District Judge Florence Pan blocked the merger between Bertelsmann’s Penguin Random House, publisher of books like Michelle Obama’s “Becoming,” George Orwell’s “1984” and Dan Brown’s “The Da Vinci Code,”... + full article



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