HarperCollins, Simon & Schuster reportedly in 'preliminary' merger talks
Posted at 8:05AM Wednesday 21 Nov 2012
Just three weeks after Random House and Penguin announced that they will merge to form the world's largest book publisher, News Corp, which owns the book publisher HarperCollins, is reportedly in talks to acquire CBS's Simon & Schuster. The "preliminary" talks were reported by the News Corp-owned Wall Street Journal, which says News Corp had "expressed interest in" buying Simon & Schuster.
Unidentified sources "cautioned that a deal isn't imminent."
Simon & Schuster and HarperCollins declined to comment.
Wall Street Journal
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