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US Law Firm Trio Leads on $2.1B Publishing Deal

Nov 26, 2020 - Legal Week

Davis Polk & Wardwell, Shearman & Sterling and Arnold & Porter Kaye Scholer are the leading firms on a major global publishing deal, valued at $2.175 billion.

Bertelsmann's global trade book publishing group Penguin Random House is acquiring ViacomCBS owned Simon & Schuster.

Bertelsmann, a media, services and education company that operates in about 50 countries around the world and owns the world's largest trade book publisher Penguin Random House announced on Wednesday tha...