Iconic American publishing company Simon & Schuster has a new owner. On Monday, the publisher was acquired by private equity firm KKR in a $1.62 billion deal. Here’s what you need to know.

The milestone comes after a particularly turbulent period, when the publisher was put up for sale and bought by a private equity firm. Since then, investments have boosted morale and helped it grow.

Paramount has struck a deal to sell Simon & Schuster to private-equity firm KKR for $1.62 billion. The agreement comes after a federal judge in November blocked the publisher's purchase by Penguin ...

NEW YORKNEW YORK — One of the world’s largest and most influential publishers, Simon & Schuster, celebrates its 100th anniversary this year. To mark the centennial, the publisher has unveiled a list ...

Paramount Global struck a deal on Monday to sell off publishing giant Simon & Schuster to private equity firm KKR for $1.62 billion, the media company announced, two years after a colossal deal to ...

In the newspaper world, a sale to private equity tends to feel like a funeral, with ink-stained wretches lamenting the slow and painful death of their industry. In the adjacent world of book ...

She was the first Black woman in the position, which she held for two years. Her hiring came amid a push for diversity in the industry. By Elizabeth A. Harris and Alexandra Alter Dana Canedy, the ...

FILE - A book published by Simon & Schuster is displayed on July 30, 2022, in Tigard, Ore. Simon & Schuster is celebrating its 100th anniversary this year. Highlights will include promotional ...