ViacomCBS Sale of Penguin House Blocked by Justice Department (with Five Documents)

Organic growth will be the name of the game for ViacomCBS, according to Reuter’s Dawn Chmielewski who interviewed the media empire’s chair, Shari Redstone. Recently, ViacombCBS made a move to sell Penguin House to Simon & Schuster, only to be sued by the Justice Department to block the proposed merger. While that particular corporate consolidation … Read Article