The proposed merger between Bertelsmann and Pearson's publishing divisions have just received approval by the US Department of Justice. This is a very important milestone for the join venture to be finalized by the 2nd half of 2013. When Pengion and Random House end up joining forces, under one roof, it will account for 1/4 of all book releases in the Western World. Thomas … [Read more...] about US Courts Approve Random House and Penguin Merger
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