A Bloomberg article restates the already-known in provocative fashion: “Bertelsmann intends to increase its stake in book-publishing venture Penguin Random House as early as next year, according to people familiar with the matter. Bertelsmann, owner of 53 percent of the New York-based business, plans to acquire part or all of the 47 percent held by Pearson, the people said, asking not to be named discussing private deliberations. While Bertelsmann and Pearson aren’t in talks, Pearson is willing to sell and can do so starting October 2015 under a shareholder agreement, the people said.” Does the article actually say anything new and […]
