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Bertelsmann buys Simon & Schuster for $2.2 billion

Video Credit: Reuters Studio - Duration: 01:17s - Published
Bertelsmann buys Simon & Schuster for $2.2 billion

Bertelsmann buys Simon & Schuster for $2.2 billion

German media group Bertelsmann has agreed to purchase publisher Simon & Schuster for $2.175 billion in cash from ViacomCBS, strengthening its presence in the United States.

This report produced by Jonah Green.


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