Paramount announced a deal Monday to sell Simon & Schuster, home to Stephen King, Colleen Hoover and many bestselling nonfiction authors, to the private investment giant KKR for $1.62 billion. The companies announced the all-cash agreement on Monday. “We are pleased to have reached an agreement on a transaction that delivers excellent value to ParamountContinue reading “Paramount To Sell Publisher Simon & Schuster To KKR For $1.62 Billion”
