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02 Feb, Thursday
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Bull Trader USA

The Wall Street Journal: Judge blocks Penguin Random House from buying Simon & Schuster over antitrust concerns

A federal judge on Monday blocked Penguin Random House from acquiring rival book publisher Simon & Schuster for about $2.18 billion, agreeing with the Justice Department that the planned merger would unlawfully lessen competition.

This is a developing story that will be updated.

An expanded version of this report appears on WSJ.com.

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