Mergers & Acquisitions

Simon & Schuster parent company CBS will merge with Viacom in a deal expected to be completed by the end of 2019. The combined company will have $28 billion in revenue and S&S will be overseen by current Viacom CEO Bob Bakish.

The Specialty Graphic Imaging Association (SGIA), a non-profit trade group for digital and screen printing professionals, announced today that it has acquired NAPCO Media, the parent company of Book Business and publisher of multiple brands serving the printing, promotional products, retail, non-profit, media, and marketing industries.

Elliott Advisors has completed its $683 million purchase of Barnes & Noble. As a result of the deal, Waterstones CEO James Daunt takes over as B&N CEO as well. Elliott now owns both Waterstones and B&N.

Quad and LSC decided that the added delay, uncertainty, and legal costs would have eroded many of the expected benefits of the merger.

Quad and LSC Communications announced this morning that they have mutually agreed to call off the planned purchase of LSC by Quad following a DoJ lawsuit.

After placing the winning bid in the auction for the book assets of bankrupt F+W Media, Penguin Random House has completed the purchase of 2,000 titles and that announced the works will become part of the Penguin Publishing Group.

The DOJ appears very adamant about its opposition to the proposed merger of the two companies.

The Department of Justice filed a civil antitrust lawsuit Thursday in the U.S. District Court for the Northern District of Illinois seeking to block Quad’s proposed acquisition of LSC Communications.

The Rowman & Littlefield Publishing Group has acquired the publishing assets of Prometheus Books, which was founded in 1969 and has a backlist of 1,700 active titles.

TaleFlick, a company that fosters relationships between Hollywood and the publishing world, has just launched “The Marketplace,” an online platform where producers, publishers, agents, and writers can connect.