Simon & Schuster purchased by private equity firm KKR for $1.62 billion
Headline from NBC4 Washington
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.
NBC4 Washington's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Paramount Global has sold Simon & Schuster to the private equity firm KKR. The deal comes nearly a year after the Department of Justice blocked Penguin Random House from acquiring Simon & Schuster.
Paramount said on Monday it had reached a deal to sell Simon & Schuster, one of the biggest and most prestigious publishing houses in the United States, to the private-equity firm KKR, in a major changing of the guard in the books business.
Paramount Global is near a deal to sell its Simon & Schuster publishing operations to investment giant KKR for as much as $1.62 billion, according to a person familiar with the matter. Paramoun…
Paramount is selling storied publisher Simon & Schuster to KKR for $1.62 billion, months after a sale to Penguin Random House was blocked by a federal judge.
Paramount Global is close to announcing a sale of its publisher Simon & Schuster to private investment giant KKR, according to a person familiar with the situation. Timing is always fluid but a…
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.
Paramount Global has agreed to sell Simon & Schuster to private equity giant KKR for $1.62 billion, the company said as it reported quarterly earnings.
Its latest attempt to make a deal for the books giant, home to Stephen King and Colleen Hoover titles, goes to a suitor outside of "Big Five" publishing rivals.
Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.
NEW YORK -- 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 in the book market.
NEW YORK >> 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 in the book market.
