Paramount Selling Simon & Schuster To KKR For $1.62 Billion

https://www.forbes.com/sites/brianbushard/2023/08/07/paramount-selling-simon–schuster-to-kkr-for-162-billion/
Topline Paramount Global struck a deal on Monday to sell off publishing giant Simon & Schuster to private equity firm KKR for $1.62 billion, the media company announced , two years after a colossal deal to sell the publisher fell apart due to antitrust issues. Key Facts KKR will acquire the publisher in an all-cash