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Old 11-11-2012, 11:52 AM   #17
fjtorres
Grand Sorcerer
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Quote:
Originally Posted by CommonReader View Post
While it is not as large as Amazon Bertelsmann isn't a minnow and there are markets where a loss of the Random House Penguin / Bertelsmann books would massively damage Amazon's standing in the market place.
Uh, you did see the part of the PR notice where it says that Random Penguin is a standalone joint venture that is to be prepared for an IPO, right?
Pearson is looking to divest itself of Penguin and Bertlesman is trying to monetize Random House.

There are lots of aspects to the deal that have nothing to do with "KILL AMAZON!!!".
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