Penguin Random House CEO Markus Dohle took the stage on Tuesday morning at the Sharjah International Book Fair and said he is "super disappointed" with the court ruling blocking PRH's proposed acquisition of S&S, calling the decision "utterly wrong." Continue reading >> [ Source: Publishers Weekly | 2022-11-01 04:00:00 UTC ]
DOJ attorneys say the proposed acquisition is “precisely the march toward concentration and monopsony power that Congress enacted the Clayton Act to prevent.” Continue reading >> [ Source: Publishers Weekly | 2022-09-11 04:00:00 UTC ]
As the Department of Justice’s case against the proposed acquisition of Simon & Schuster by Penguin Random House entered its third week, the defense called PRH US CEO Madeline McIntosh, plus merger and acquisition executives from ViacomCBS and PRH, to the stand to discuss why approval of the... Continue reading >> [ Source: Publishers Weekly | 2022-08-16 04:00:00 UTC ]
The Department of Justice has sued to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that it "would result in substantial harm to authors." Lawyers for PRH said that they expect the case to go to trial sometime in 2022. Continue reading >> [ Source: Publishers Weekly | 2021-11-02 04:00:00 UTC ]
WH Smith’s plans to buy the Marshall Retail Group (MRG) have been approved by the FCA and the transaction now only requires shareholder approval. Continue reading >> [ Source: The Bookseller | 2019-11-25 19:46:04 UTC ]
Courier's net loss increased to $15.5 million from $3.4 million in last year’s second quarter due in large part to a $10 million termination fee to Quad/Graphics for calling off Quad’s proposed acquisition. Continue reading >> [ Source: Publishers Weekly | 2015-05-08 00:00:00 UTC ]
Written By: Graeme Neill Publication Date: Wed, 02/11/2011 - 08:25 The Australian Competition and Consumer Commission (ACCC) has joined the UK's Office of Fair Trading in giving the go-ahead to Amazon's acquisition of the Book Depository. In its ruling, it said "the proposed acquisition was... Continue reading >> [ Source: The Bookseller | 2011-11-02 00:00:00 UTC ]