![](https://i2.wp.com/hrnxt.com/wp-content/uploads/2021/07/acquisition.jpg?resize=200%2C112&ssl=1)
Paramount Global and KKR announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction. “We are pleased to have reached an agreement on a transaction that delivers excellent value to Paramount shareholders while also positioning Simon & Schuster for its next phase…