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PrivateEquity Firm KKR in Talks to Buy Simon amp Schuster for 165 Billion

Last updated on August 8, 2023

After facing a setback with a blocked deal, a book publisher is once again being put up for sale. This marks the second time that the publisher has faced the prospect of finding a new buyer, complicating its future prospects. Previously, a deal with Penguin Random House was blocked by a judge, leading to the publisher’s renewed search for a suitable partner. This development underscores the challenges in the publishing industry and the importance of finding the right fit in order to ensure the publisher’s success in the competitive market.

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