Tag Archives: Bertelsmann

Penguin Random House owner Bertelsmann sets out to acquire Simon & Schuster for $2.2bn

Bertelsmann, owner of publishers Penguin Random House, has set out to acquire Simon & Schuster from ViacomCBS for $2.2bn, in a move that would ‘strengthen the company’s global footprint,’ particularly in the US. Simon & Schuster employs around 1,500 people worldwide and generated revenues of $814 million in 2019. The …

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