Blocked M&A in the publishing industry | 232

Dez Morgan reports to Skip Montreux on the Merger and Acquisition between Penguin Random House and Simon & Schuster that was recently blocked by a US court.

1. Why were the two publishers trying to merge?
2. Why did a US court prohibit the merger?
3. Will the companies appeal the decision?
Listen in to learn the answers to these questions and more.

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