Thursday, October 25, 2012

Penguin confirms Merger talks with Random House

Albeit very tersely: "Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement"

Damn you, inappropriate media coverage! Bow before the might of (alleged) Pengdomzilla!

1 comment:

  1. Here's another article with a pessimistic view on the merger.

    http://mediadecoder.blogs.nytimes.com/2012/10/25/pearson-and-bertelsmann-in-talks-about-combining-random-house-and-penguin/

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