From comments to the Guardian by Penguin ceo John Makinson and other reading between the lines, it’s clear that the Penguin Random House deal began on the Pearson side of the fence. Makinson made clear to the paper, “It has been a very thorough process. The board of Pearson examined [every option] exhaustively. There was a great deal of analysis of all options available to Penguin. We looked at selling, merging, buying, running it differently within Pearson. We concluded this was the best option for Pearson’s shareholders and the publishing industry.” (That may also be why the reaction to News […]
