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
Simon & Schuster sold for $1 62B columbian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbian.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 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 the most effective" book publishers.
Simon & Schuster purchased by private equity firm KKR for $1 62 billion wtva.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtva.com Daily Mail and Mail on Sunday newspapers.