Fri 09/22/2023 15:43 PM
The $1.1 billion term loan backing KKR’s acquisition of publisher Simon & Schuster has generated strong investor demand due to the business’ historical resilience against new technology and its multiple avenues for growth in audio and languages segments, according to investors who have reviewed the deal.
Since its founding in 1924, Simon & Schuster has grown to about 1500 employees and produces over 2000 book titles annually, which it can distribute to over 100 countries and territories,...
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