Paramount Global is again seeking to sell Simon & Schuster, months after the media company’s $2.2 billion deal to sell the book publisher to Penguin Random House collapsed, according to people familiar with the matter. Paramount will court private equity firms as potential buyers of Simon & Schuster because they do not compete with it and would not raise competition concerns with U.S. regulators that led to the demise of the Penguin deal last year, the sources added.
Source: Paramount Global tries again to sell Simon & Schuster -sources