Judge rules that giant U.S. book merger may not go forward
WASHINGTON — A U.S. judge ruled on
Monday that a planned $2.2 billion merger of Penguin Random
House, the world’s largest book publisher and owned by German
media group Bertelsmann SE & Co, may not merge with rival
Simon & Schuster, owned by Paramount Global.
(Reporting by Diane Bartz; Editing by Leslie Adler)
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