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Penguin Random House's $2.2 billon deal for Simon & Schuster is over

Por: CNN Business November 22, 2022

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New York CNN Business  —  Paramount has ended its agreement to sell Simon & Schuster to Penguin Random House and will not appeal the recent . Penguin, a subsidiary of German media giant Bertelsmann, is obligated to pay Paramount, Simon & Schuster’s parent company, a $200 million termination fee, according to an . The proposed $2.17 billion deal was . In late October, US District Court Judge Florence Pan the combination of the book... + full article



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