#Penguin Random House, Simon & Schuster propose $2.2B mega-merger
“#Penguin Random House, Simon & Schuster propose $2.2B mega-merger” Penguin Random House has reached a $2.2 billion deal to acquire Simon & Schuster from ViacomCBS — a tie-up that would create a colossus distributing about a third of all books sold in the US. The merger would create a publishing house of unrivaled size with…