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Bertelsmann and Pearson to Merge Book Businesses

Penquin Random House

Education and publishing group Pearson Plc and Germany's Bertelsmann said on Monday they have agreed to combine their publishing divisions, Penguin and Random House, with Bertelsmann holding the upper hand in the new entity.

 

Random House Buys Digital Media Firm

Random House Buys Digital Media Firm

Random House, a unit of Bertelsmann, is buying Smashing Ideas, a digital firm that creates book apps.

 

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