this post was submitted on 07 Aug 2023
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Paramount to sell Simon & Schuster to KKR for $1.6 Billion Cash (www.cnn.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.

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[–] [email protected] 3 points 1 year ago

Well, RIP Simon & Schuster. I give em five years, tops.