Today Pearson confirmed that the publishing company is considering “a possible combination of Penguin and Random House.”
Pearson had this statement: “Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement and there is no certainty that the discussions will lead to a transaction. A further announcement will be made if and when appropriate.
Financial Times (a newspaper owned by Pearson) has a report from three anonymous sources today that Bertelsmann (the corporate parent of Random House) and Pearson (the corporate parent of Penguin) could unite their book publishing efforts.