April 18, 2024

CEO of Massive Publisher Penguin Random House Steps Down After Simon & Schuster Merger Fails

NEW YORK (AP) — The CEO of Penguin Random House, the world’s largest trade publisher, is stepping down. Markus Dohle’s decision, effective at the end of the year, comes just weeks after a federal judge blocked the company’s attempt to buy rival Simon & Schuster. “Following the antitrust decision in the U.S. against the merger

Source: