Mergers & Acquisitions Mergers & Acquisitions

New bidding policy would allow Penguin Random House, Simon & Schuster to compete after merger, Penguin CEO says

By Serafina Smith
  • 05 Aug 2022 01:46
  • 05 Aug 2022 02:24

Penguin Random House Chief Executive Markus Dohle doubled down on promises to encourage intra-company bidding and preserve imprint autonomy, on the fourth day of a US trial over the government’s bid to block Penguin Random House’s acquisition of Simon & Schuster.
He also discussed his company’s market relationship with Amazon,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Serafina Smith

Reporter


Serafina Smith covers mergers and acquisitions for MLex from New York. Before becoming a journalist, Serafina was a paralegal supporting the United States Department of Justice, where she worked on foreign bribery and money laundering cases. She holds a master’s degree in journalism from New York University and a bachelor’s degree in linguistics from Georgetown University.

Discover MLex

Stay on top of global regulatory developments

Latest News