Bertelsmann to pay $2.2B for Simon & Schuster in U.S. publishing play

Bertelsmann to pay $2.2B for Simon & Schuster in U.S. publishing play

CBC.ca

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German media group Bertelsmann said on Wednesday that it would purchase U.S. publisher Simon & Schuster for more than $2 billion US in cash from ViacomCBS, strengthening its presence in the United States, its second-largest market.

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