Is Bertelsmann Interested In Taking Full Control Of Penguin Random House?

Book2Book Friday 08 May 2015 

Asked whether Bertelsmann is interested in taking full control of Penguin Random House, Chief Executive Thomas Rabe says that hinges first on what Pearson does. In October, Pearson will have the option to sell its stake, and Bertelsmann would then have the option of buying it. Bertelsmann hasn't decided what to do, but says the book publishing business is doing very well, and that it seems sensible for Bertelsmann to take over the shares because publishing has been its core business for almost 200 years.


wsj.com