US sues to block US$2.2 billion ViacomCBS sale of Simon & Schuster
The US government has sued to block the sale of ViacomCBS-owned publisher Simon & Schuster to Penguin Random House. Announced in late 2020, the media giant announced a deal to sell the publisher for US$2.175 billion in cash following a review of non-core assets. The company said that it would reinvest the money in its […]