The Penguin Random House–Simon & Schuster Merger Has Been Blocked. What Now? ...Middle East

It surely came as no surprise to anyone in the publishing industry when Judge Florence Pan blocked a proposed merger between Penguin Random House and Simon & Schuster—the country’s two largest publishers—late on Halloween night. No one had any idea what the proposed entity would be named; surely “Penguin Random House & Simon & Schuster” would prove to be too much of a mouthful, even if it was shorthanded as, say, “PRH/S&S.” No matter: The fate of the proposed behemoth was made clear many months ago in the courtroom. By the time the trial’s third week began in mid-August, everyone could plainly see that the Department of Justice had gained the upper hand and the merger was doomed. The only re

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The Penguin Random House–Simon & Schuster Merger Has Been Blocked. What Now? ...Middle East

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