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 the book market. An executive for KKR is calling the deal a chance to work with “one of the most effective” book publishers. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/simon-schuster-purchased-by-private-equity-firm-kkr-for-1-62-billion-1.6509987
Simon & Schuster purchased by private equity firm KKR for $1.62 billion
