This summer, the courts will rule on Bertelsmann subsidiary PRH’s planned purchase of Simon & Schuster. But 24 years ago, the industry was agape over Bertelsmann’s acquisition of Random House. Continue reading >> [ Source: Publishers Weekly | 2022-03-25 04:00:00 UTC ]
Economic uncertainty limited merger and acquisition activity in the book business last year, but there were still a number of significant transactions, including Penguin Random House's planned purchase of Simon & Schuster Continue reading >> [ Source: Publishers Weekly | 2021-01-15 05:00:00 UTC ]
Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading >> [ Source: Publishers Weekly | 2019-07-31 04:00:00 UTC ]
Quad and LSC Communications announced this morning that they have mutually agreed to call off the planned purchase of LSC by Quad following a DoJ lawsuit. Continue reading >> [ Source: Publishers Weekly | 2019-07-23 04:00:00 UTC ]