Friday, October 26, 2012

Pearson and Bertelsmann in Talks

Pearson and Bertelsmann in Talks to Combine Random House and Penguin: Pearson, the British media conglomerate, said Thursday that it was in talks to combine its Penguin publishing house with Random House, owned by Bertelsmann of Germany. The combination would create a division with greater scale that could compete in a rapidly evolving eBook market.