With bids for Simon & Schuster moving on to second rounds, Harper Collins remains an active bidder, the WSJ reports. Private equity company KKR is also among the still-active bidders, multiple sources told PL and the WSJ, with the next bids expected in mid-July. Neither Lagardere nor its new owner Vivendi bid for S&S, people familiar with the sale process told PL. Vivendi was the underbidder behind Penguin Random House during the first sale of the publisher in 2020. While Harper is bidding, ceo Brian Murray had testified last August that their bid in 2020 “was not close” to Bertelsmann’s […]
