NEW YORK (AP) Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market. An executive for KKR is calling the deal a chance to work with “one of […]
Paramount is selling storied publisher Simon & Schuster to KKR for $1 62 billion kansascity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kansascity.com Daily Mail and Mail on Sunday newspapers.
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House.
The sale of the publisher, which counts Stephen King and Britney Spears among its diverse portfolio of writers, comes after a US judge blocked a previous takeover attempt by rival Penguin Random House.