Planned merger of Penguin Random House and Simon & Schuster publishers scrapped

📆 22/11/2022 04:34:00
📰 abcnews

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 83%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Parent company Paramount Global says it still plans to sell Simon & Schuster, a nearly century-old company boasting authors such as Stephen King, Colleen Hoover and Bob Woodward.

abc.net.au/news/simon-schuster-sale-to-penguin-random-house-scrapped/101682258Simon & Schuster's corporate parent has officially ended the agreement for Penguin Random House to purchase the publisher in a $US2.2billion proposed sale blocked by a federal judge last month.

"Simon & Schuster remains a non-core asset to Paramount, as was determined in early 2020 when Paramount conducted a strategic review of its assets," Paramount said. Penguin Random House owes a $US200 million termination fee to Paramount, according to the agreement's original terms.Penguin Random House is owned by the German conglomerate Bertelsmann.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

big if true...

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

The Tempest review – Shakespeare gets a radical edit from Sydney Theatre CompanySydney Theatre Company, SydneyRoxburgh as Prospero and Guy Simon as Caliban are outstanding in Kip Williams’ latest production, which takes a revolutionary approach to the script
Fonte: GuardianAus - 🏆 1. / 98 Consulte Mais informação »