NEW YORK (AP) — A federal judge has blocked Penguin Random House's proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the world’s biggest publishers ...

The Justice Department sued to block Penguin Random House‘s proposed merger with Simon & Schuster, arguing that the transaction would create a behemoth publisher likely to drive down payments to ...

Add Yahoo as a preferred source to see more of our stories on Google. Penguin Random House CEO Markus Dohle in 2019. The Department of Justice has blocked a merger between the publishing giant and ...

The government’s case blocked the merger of two of the United States’ largest publishers and reflected a more aggressive approach to curbing consolidation. It was closely watched by the publishing ...