NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global (NASDAQ: PARA, PARAA) in a $1.62 billion all-cash transaction.

Aug 8, 2023 · Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market.

NEW YORK – August 7, 2023 – Paramount Global (NASDAQ: PARA, PARAA) and KKR today announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.

Oct 30, 2023 · NEW YORK-- (BUSINESS WIRE)--KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global...

Aug 7, 2023 · Simon & Schuster has been acquired by private investment firm KKR for $1.62 billion, according to a joint statement between the firm and the publishing giant's parent company, Paramount Global.

August 7, 2023 NEW YORK--(BUSINESS WIRE)-- Paramount Global (NASDAQ: PARA, PARAA) and KKR today announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.

Oct 30, 2023 · The private equity firm KKR completed its acquisition of Simon & Schuster, one of the biggest and most prestigious publishing houses in the United States, on Monday, marking a major shift in the...

Aug 7, 2023 · Paramount said on Monday it had reached a deal to sell Simon & Schuster, one of the biggest and most prestigious publishing houses in the United States, to the private-equity firm KKR, in a...

Aug 7, 2023 · Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.

Aug 7, 2023 · In an official announcement released today (August 7) and provided to Publishing Perspectives, the investment firm KKR (Kohlberg Kravis Roberts & Co.) has signed an agreement with Paramount Global to buy Simon & Schuster for US$1.62 billion in an all-cash transaction. The deal will need regulatory approval before closing, of course.