Por: ABC News Business August 07, 2023
NEW YORK -- Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market. The private equity giant will buy Simon & Schuster for $1.62 billion in cash, said Paramount Global, the parent company of the storied book publisher. Paramount will use sale proceeds to pay down debt.Simon &... + full article
Los Angeles Times USA Business August 11, 2023
The venerable publishing house Simon & Schuster will soon be owned by one of the nation’s biggest private equity firms, KKR. For a glimpse of their future — and tips on how to fight back — Simon & Schuster authors and employees might want to chat with the former workers of... + más
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Los Angeles Times USA Business August 08, 2023
Paramount announced a deal Monday to sell Simon & Schuster, home to Stephen King, Colleen Hoover and many bestselling nonfiction authors, to the private investment giant KKR for $1.62 billion only months after a $2-billion-plus sale to publishing giant Penguin Random House was... + más
Simon & Schuster purchased by firm KKR for $1.62 billion | WPTV
Simon & Schuster purchased by private equity firm KKR for $1.62 billion | ABC News
ABC News USA Entertainment August 08, 2023
NEW YORK -- Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market. An executive for KKR is calling the deal a... + más
Private equity firm KKR buys Simon & Schuster for $1.62B | New York Daily News
WPTV USA Nation August 08, 2023
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market. An executive for KKR is calling the deal a chance to work... + más
Opinion: Wall Street predators destroyed Toys 'R' Us. Now they're coming for Simon & Schuster | Los Angeles Times
New York Daily News USA Nation August 08, 2023
Private equity firm KKR is set to buy Simon & Schuster, publisher of top authors Stephen King and Bob Woodward, from Paramount Global for $1.62 billion in cash, the companies announced Monday. While the notion of financially focused private equity having a hold in the literary... + más
Fox Business USA Business August 04, 2023
FOX Business' Charlie Gasparino has the details on Paramount's cash flow problems on 'The Claman Countdown.' KKR & Co. Inc. is in advanced talks to buy Paramount’s Simon & Schuster for about $1.65 billion, the Wall Street Journal , citing people familiar... + más
KKR's top tech exec details the firm's 3-year migration to the public cloud, and how the PE giant is leveraging the tech to streamline how deals get done | Business Insider
KKR's co-CEO says the firm is looking at investments in 'all things digital,' while avoiding tech companies with lofty valuations and no earnings | Business Insider
Business Insider USA Business January 10, 2023
The finish line is in sight for Emilia Sherifova, KKR's top tech exec who is spearheading the firm's multi-year migration to the public cloud. The private-equity giant, which has some $496 billion in assets under management as of September 2022, expects to be all-in... + más
NFL Week 17 playoff picture and clinching scenarios: Bucs win NFC South; Giants clinch wild card | ESPN
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