Simon & Schuster acquired in a $1.6 billion deal, a new owner emerges
In an impressive deal worth $1.6bn (£1.25bn), book publisher Simon & Schuster has been acquired by private investment firm KKR. The New York-based publishing giant, which was previously owned by Paramount Global, will now operate as a standalone business. With a rich history dating back to 1924, Simon & Schuster has published more than 36,000 …