Wednesday, November 21, 2012

News Corp Eyes Simon & Schuster

http://online.wsj.com/article/SB10001424127887324851704578131420027504306.html
News Corp NWSA 0.40%., owner of HarperCollins Publishers, has expressed interest to CBS Corp. CBS -0.09% about acquiring its Simon & Schuster book business, according to people familiar with the talks.The people described the discussions as preliminary and cautioned that a deal isn't imminent. News Corp. owns Dow Jones & Co., which publishes The Wall Street Journal.