February 14th, 2013
09:38 PM ET

U.S. OKs Penguin-Random House merger

Antitrust lawyers at the Justice Department Thursday paved the way for the proposed merger of publishers Random House and Penguin, which would create the biggest book publisher in the world, according to the parent companies.

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soundoff (One Response)
  1. Salut

    There's going to be some awkward problems in that merger. Has the market shrunk that far already? Or is this just overwhelming greed again? What a great reason to become a bloated monster. Thanks Justice Department!

    February 15, 2013 at 2:31 am | Report abuse |