Will the Biggest Publisher in the United States Get Even Bigger? - The New York Times
7/31/2022 12:00:00 AM2 years 9 months ago
by Alexandra Alter, Elizabeth A. Harris, David McCabe
by Alexandra Alter, Elizabeth A. Harris, David McCabe
The Biden administration is suing to block Penguin Random House from buying Simon & Schuster. A United States District Court will decide if the sale can proceed.
Last fall, the Biden administration sued to block the $2.18 billion sale as part of its new and more aggressive stance against corporate consolidation. The trial will start on Monday, with oral argum… [+1363 chars]
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