Department of Justice clears Random House-Penguin merger

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The Department of Justice has approved the proposed merger between Random House and Penguin ”without conditions.”

The merger, which remains under review by other antitrust authorities including the European Commission and the Canadian Competition Bureau, would create the world’s largest publisher. According to the announcement sent by Pearson, “Pearson and Bertelsmann continue to expect the transaction to close in the second half of 2013, after all necessary approvals have been received.”


Department of Justice clears Random House-Penguin merger