KKR Acquires Simon & Schuster from Paramount Global
October 30, 2023
KKR has completed its previously announced $1.62 billion all-cash acquisition of Simon & Schuster from Paramount Global. Simon & Schuster becomes a standalone private company led by CEO Jonathan Karp, with KKR supporting employee ownership and plans to invest in the publisher's future growth and capabilities.
- Buyers
- KKR
- Targets
- Simon & Schuster
- Sellers
- Paramount Global
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
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