The German media organization Bertelsmann announced on Wednesday that its Penguin Random House division, the largest publisher in the U.S., would buy rival publishers Simon and Schuster from parent company ViacomCBS in a 17.217 billion cash deal. The deal is expected to close in 2021, with regulatory approval pending. The …
Read More »The largest American publisher Penguin Random House ival buys rivals Simon and Schuster in a 2 2.2 billion mega deal.
