A federal judge has blocked Penguin Random House’s attempt to swallow its smaller rival Simon & Schuster, dealing a blow to the world’s largest book publisher’s attempt to become an even bigger giant.

A federal court has blocked Penguin Random House's acquisition of rival Big Five publisher Simon & Schuster. At press time, Judge Florence Y. Pan's opinion was not yet public as the parties still need ...

The Justice Department sued to block Penguin Random House‘s proposed merger with Simon & Schuster, arguing that the transaction would create a behemoth publisher likely to drive down payments to ...

NEW YORK — A federal judge has blocked Penguin Random House's proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the world's biggest publishers ...