Penguin and Random House merger moves one step closer, as the US Department of Justice gives its approval

We’ve known for some time that publishing behemoths Penguin and Random House were to merge, thus creating a truly colossal book publisher. Well, that deal has been given one more seal of approval, with the US Department Of Justice giving the greenlight to the deal.

Random House’s parent company – German mass media corporation Bertelsmann – and Pearson confirmed the go-ahead earlier today, with the DoJ officially closing its regulatory investigation, with no conditions stipulated.