Penguin Random House’s $2.2 billon deal for Simon & Schuster is over

Penguin Random House’s $2.2 Billon Deal For Simon & Schuster Is Over

The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage in November 2021 in Corte Madera, California. Paramount has ended its agreement to sell Simon & Schuster to Penguin Random House.