Tag: Merger
Random House and Penguin are One
Although their merger was approved by the Department of Justice earlier this year, the deal has now been finalized between Random House and Penguin Publishing. In what has been called a "merger...
Penguin and Random House to Merge
The merger of Penguin and Random House publishers is a step closer now that the Department of Justice has ended its investigation.
Pearson and Bertelsmann (parent companies of the publishers) issued the following...
McGraw-Hill Sold
Publisher McGraw-Hill has sold its educational branch to Apollo Global Management. This sale is expected to end the educational textbook publishing of the company and create a financial services company. The final...
Penguin and Random House Merge
Reader's Entertainment reported last week that there were rumors of a possible merger between Penguin Publishing and Random House. This week both publishers made the official announcement and the newly merged company...
Random House and Penguin Considering Merger
Pearson, the media and financial corporation that happens to be the parent company of Penguin Publishing, has confirmed they are in talks with Bertelsmann (parent company of Random House), to acquire Random...
Microsoft and Barnes & Noble Partner
In a move that many see as an attempt to conquer the eBook - eReader - eTablet market, Microsoft and Barnes & Noble have partnered. They have created a new "subsidiary" of...