A PYMNTS Company

Global: US clears Random House/Penguin Merger, global authorities still reviewing

By  |  February 14, 2013

The US Department of Justice has reportedly cleared a proposed merger of publishers Random House and Penguin without conditions, while various other competition authorities in Europe and Canada, among others. The merger, which will result in an entity called Penguin Random House, includes Penguin Group’s operations in the US, Canada, Australia, New Zealand, India, South Africa, and China; it also includes Random House’s publishers in Spain and Latin America, according to reports. The parties expect the merger to close in the second half of the year.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Publishers Weekly

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.