#Judge blocks Penguin Random House from merging with Simon & Schuster
“Judge blocks Penguin Random House from merging with Simon & Schuster” A federal judge has blocked the $2.18 billion merger between two book-publishing giants — Penguin Random House and rival Paramount Simon & Schuster — saying the mega-deal would unlawfully reduce competition. On Monday, US District Judge Florence Pan blocked the merger between Bertelsmann’s Penguin…