The proposed Penguin Random House merger is subject to review and approval by regulatory agencies in several countries — including the US, Canada, the UK, Australia, New Zealand, and China — which is one which is why the deal is not expected to close at least until the second half of 2013. Papers were filed with New Zealand’s Commerce Commission on December 19 and made public (with some redactions), providing a few more tidbits of interest. Should the deal be approved, Penguin Random House would actually “operate through two entities” rather than just one: a Delaware corporation “that will own Bertelsmann […]
