KKR to buy Simon & Schuster for $1.62 billion from Paramount Global

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the NYSE in New York

(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal, marking the end of a years-long attempt to sell the book publisher.

(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shilpi Majumdar)

Reuters

Related posts

Teen Driver’s Insurance Rates Spike Almost 200% in New Jersey

Asbury Ale House to Open New Restaurant in Howell Township, Here’s Where

NFL-backed Scientist Using AI to Discover Future Superstars