Penguin Random House and Simon & Schuster ditch $2.2B merger deal

1 week ago 17
SIMON&SCHUSTER-M&A/PENGUIN RANDOM HOUSE

Penguin Random House, the world's largest publication publisher, and rival Simon & Schuster person scrapped a $2.2 cardinal US ($2.9 cardinal Cdn) woody to merge, Penguin proprietor Bertelsmann said successful a statement.

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