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Penguin Random House merger approved

Penguin & Random House - BBC

The proposed merger of Penguin and Random House has been given the go-ahead by the European Commission. Brussels said the merged business - which will be the world's largest book publisher - would not raise competition concerns, because it will "face several strong competitors".

 

US Air, AMR near $11 billion merger, deal seen within week - sources

US Airways

US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said.

 

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