NEW YORK (AP) — A federal judge has blocked Penguin Random House's proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the world’s biggest publishers ...
The U.S. Department of Justice has sued to block Penguin Random House parent company Bertelsmann’s proposed acquisition of Viacom CBS subsidiary Simon & Schuster, arguing that it “would result in ...
Add Yahoo as a preferred source to see more of our stories on Google. Penguin Random House CEO Markus Dohle in 2019. The Department of Justice has blocked a merger between the publishing giant and ...
The government’s case blocked the merger of two of the United States’ largest publishers and reflected a more aggressive approach to curbing consolidation. It was closely watched by the publishing ...