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Now Officially Not: Paramount Terminates Simon & Schuster Sale to Bertelsmann, Will Collect $200 (Million) and Pass Go to Other Suitors

November 21, 2022
By Michael Cader

On Monday afternoon after the close of the stock market in the US, Paramount Global confirmed in an SEC filing that they have terminated the agreement to sell Simon & Schuster to Bertelsmann, following the enjoining of the sale on antitrust grounds by Judge Florence Pan. The company says, “On November 21, 2022, Paramount terminated […]

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Filed Under: Antitrust Trial

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