Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four.
New Insights Emerge Into Bidders for Simon & Schuster
The chatter is getting louder around the Simon & Schuster sale story, with News Corp arriving as another name associated with the process.
Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster
ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann’s chief says he’s interested.