Bertelsmann ceo Thomas Rabe told the Financial Times, “We would, of course, be interested in Simon & Schuster.” He noted, “We’ve been the most active player on the consolidation of the book publishing market in the last 10 years.” Any potential purchase would be subject to review, and would add 30 percent or more to Penguin Random House’s US revenues and unit sales. But Rabe does not believe they would be blocked by the government: “We looked at this and we don’t think it is an issue. If you look at the market holistically, particularly the strength of Amazon, and […]
