【Simon & Schuster sold to Penguin Random House】

CNN International
2020-11-26 02:30:01

Two of the biggest publishing houses in the US will soon be under one roof. ViacomCBS announced Wednesday it will sell Simon & Schuster to Penguin Random House, which is a subsidiary of German media giant Bertelsmann, for $2.175 billion in cash. The deal is expected to close next year.

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