Horror author Stephen King testifies against $2 billion Penguin merger | Arts and culture news

The proposed deal could see the largest book publisher, Penguin, acquire Simon & Schuster, the fourth-largest company. by Sabrina WilmerBloomberg Posted on August 2, 2022August 2, 2022 Best-selling horror author Stephen King testified against Penguin Random House’s proposed $2.18 billion takeover of Simon & Schuster, saying it would weaken competition in the publishing industry. The …

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