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April 14, 2016By Michael Cader

Penguin Random House Reportedly Talking to Banks About DK Sale

April 14, 2016By Michael Cader

The UK’s Sky News reported that it “understands that [Penguin Random House] has been in talks with investment banks about advising on an auction of Dorling Kindersley.” They add, “Sources said that Penguin Random House was ‘exploring’ a sale and that it could decide not to pursue a formal auction.” There have been no other confirming reports from additional outlets yet. A PRH spokesperson provided Sky News with the standard response: “While we don’t comment on rumors and speculation, it is business as usual at DK, which remains an important and valued member of our Penguin Random House family.” (Last September […]

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