Paramount Drops plans to promote Simon & Schuster to rivals Penguin Random Home

Paramount International on Monday formally scrapped plans to promote its Simon & Schuster division to rival writer Penguin Random Home after a US choose blocked the $2.2 billion deal on antitrust grounds. Paramount, formally often called ViacomCBS, mentioned the transaction was “terminated” following an October 31 US judicial ruling in opposition to the deal. Paramount … Read more