Tag: Penguin Random House
Penguin Random House CEO Quits After Mega-Merger Collapses
“Following the antitrust decision in the U.S. against the merger of Penguin Random House and Simon & Schuster, I have decided, after nearly 15...
Penguin Random House Calls Off $2.2B Simon & Schuster Deal
The world’s largest publisher Penguin Random House and rival Simon & Schuster have called off a $2.2 billion deal to merge, the New York Times...
US Judge Blocks Penguin Random House From Buying Rival Simon &...
Penguin Random House’s deal to buy rival Simon & Schuster for $2.18 billion was blocked by a federal judge who found the merger would...
Closing Arguments Heard AT Three-Week Antitrust Publishing Merger Trial
A federal judge heard closing arguments Friday in a case that will determine whether the top U.S. publisher, Penguin Random House, can purchase the...
Judge Tosses Top Penguin Random House Exec’s Testimony From Antitrust Suit
A federal judge threw out testimony on Wednesday from Penguin Random House’s senior vice president after the government pointed out that the data he...
Penguin Rival Backs US in Antitrust Suit To Block Mega Publishing...
Penguin Random House’s proposed $2.18 billion acquisition of Simon & Schuster will result in lower advances to authors because there will be fewer auction...
Penguin Random House, Simon & Schuster Antitrust Trial Commences
The result of the trial will not only dramatically affect the publishing industry, but it also will set a precedent for M&A at large...
‘Fantastical Claims’ & Stephen King: Penguin Random House & DOJ Face...
By Clint Rainey, Fast Company
The Justice Department’s ambitious bid to stop Penguin Random House from buying rival publisher Simon & Schuster has started taking on more...
Mega Publisher Deal Asks Judge To Reject US Antitrust Suit
Two major book publishers told a judge a US Justice Department antitrust lawsuit should be rejected, calling the government's arguments "legally, factually, and economically...
UK Regulator Probes Penguin Random House’s Simon & Schuster Buy
The UK’s competition regulator announced that it is investigating Penguin Random House’s proposed acquisition of rival publisher Simon & Schuster, reported The Wall Street...
