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By Diane Bartz
WASHINGTON, Nov 1 (Reuters) - A planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival Simon & Schuster cannot go forward, a U.S. judge has ruled.
Judge Florence Pan of the U.S. District Court for the District of Columbia, said in a brief order on Monday that she found the Justice Department had shown the deal may substantially lessen competition "in the market for the U.S. publishing rights to anticipated ...
>>> Read more: UPDATE 4-U.S. judge says Penguin Random House book merger cannot go forward
By Diane Bartz
WASHINGTON, Nov 1 (Reuters) - A planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival Simon & Schuster cannot go forward, a U.S. judge has ruled.
Judge Florence Pan of the U.S. District Court for the District of Columbia, said in a brief order on Monday that she found the Justice Department had shown the deal may substantially lessen competition "in the market for the U.S. publishing rights to anticipated ...
>>> Read more: UPDATE 4-U.S. judge says Penguin Random House book merger cannot go forward
