Following Thursday’s swifter-than-expected DOJ approval of the Penguin Random House merger, we thought it instructive to check in on regulatory reviews of the deal in other countries. As we pointed out in December, Penguin Random House would, if approved, operate as two distinct entities: a Delaware corporation “that will own Bertelsmann and Pearson’s consumer businesses that operate in the USA”; and a UK-incorporated Penguin Random House that will be responsible for the additional consumer publishing businesses that operate in the rest of the world. The proposed company split may explain why the DOJ could move at a hastier speed than […]
