Wednesday, March 27, 2013

Reuters: Regulatory News: EU regulators to approve Random House, Penguin deal -sources

Reuters: Regulatory News
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EU regulators to approve Random House, Penguin deal -sources
Mar 27th 2013, 09:32

BRUSSELS, March 27 | Wed Mar 27, 2013 5:32am EDT

BRUSSELS, March 27 (Reuters) - EU antitrust regulators will approve the proposed merger of German media group Bertelsmann's Random House unit and British publisher Pearson's Penguin without conditions, two people familiar with the matter said on Wednesday.

"The companies have not provided concessions," one of the sources said.

The European Commission will decide on the deal by April 5.

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