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ViacomCBS agreed to sell U.S. publisher Simon & Schuster to Penguin Random House for more than $2 billion in cash

Bertelsmann’s proposed takeover of Simon & Schuster by way of Penguin Random House will create a publishing giant!

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ViacomCBS sells Simon & Schuster to Penguin Random House for $2 billion

ViacomCBS sells Simon & Schuster to Penguin Random House for $2 billion #businessnews  #wallst 

Merger with Simon & Schuster will give Penguin Random House almost one-third of English-language book sales

German media conglomerate Bertelsmann announced Wednesday that its Penguin Random House division, the largest publisher in the U.S., will buy rival publisher Simon & Schuster from parent company ViacomCBS in a $2.17 billion cash deal

In agreeing to sell Simon & Schuster to Penguin Random House for more than $2 billion, ViacomCBS ensures that the biggest book publisher in the U.S. is about to get bigger.

German media giant Bertelsmann said Wednesday that its Penguin Random House division is buying rival Simon & Schuster, in a megadeal that would reshape the U.S. publishing industry.

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German media giant Bertelsmann says its Penguin Random House division is buying rival Simon & Schuster in a megadeal that would reshape the U.S. publishing industry.

Breaking: ViacomCBS has agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion in a deal that will create the first megapublisher

Breaking News: ViacomCBS agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion. The deal will create the first megapublisher.

BREAKING: Penguin Random House will buy Simon & Schuster. Our story is forthcoming.

Publishing is dominated by just five giant players: Penguin Random House, Hachette, Simon & Schuster, Harpercollins and Macmillan. 1/

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Bertelsmann, the German parent of Penguin Random House, has snagged Simon & Schuster, the fifth-biggest English-language book publisher by revenues

The owner of Penguin Random House, Bertelsmann, said it will acquire U.S. publisher Simon & Schuster for more than $2 billion in cash

The merger with Simon & Schuster would give Penguin Random House almost one-third of English-language book sales

BREAKING: ViacomCBS sells Simon & Schuster to Penguin Random House for $2 billion

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