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Merger of Penguin and Random House Is Completed

Posted on July 1, 2013 in In the News

Random House and Penguin completed their planned merger Monday morning, creating the biggest and most powerful book publisher in the world.

The new company, called Penguin Random House, will control more than 25 percent of the trade book market in the United States, giving it unmatched leverage against Amazon.com, a growing force in the industry.  Click here to read the entire article in The New York Times!

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