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The detail that has most captured industry members’ attention in the New York Times report that HarperCollins and Penguin Random House are the favorites to acquire Simon & Schuster is the news that the purchase price is expected to be at least $1.7 billion. That figure is at the top end of original estimates of $1.2 billion–$1.7 billion for the price of the country’s third-largest trade publisher. The sale of S&S will be the largest acquisition in North American trade publishing since HarperCollins bought Harlequin in 2014. It will also be one of the few recent transactions in which the revenue of the target company is public and the purchase price may also become public.

S&P Global eported second quarter 2021 results with revenue of $2,106 million, an increase of 8% compared to the same period last year with every segment delivering revenue growth. Net income increased 1% to $798 million. Diluted earnings per share increased 1% to $3.30 primarily due to revenue growth partially offset by increased compensation-related expenses. Merger Update: S&P Global and IHS Markit continue to progress with merger integration planning. In addition, work with global regulators remains underway and we anticipate closing the transaction in the fourth quarter of 2021. Profit Margin: The Company's operating profit margin decreased 210 basis points to 54.8% primarily due to a challenging expense comparison to the second quarter of 2020 and increased compensation-related expenses, and costs related to the pending merger with IHS Markit in 2021.

HP Inc. and Deloitte Consulting LLP announced a first-of-its-kind alliance to help accelerate the digital transformation of the global manufacturing industry. The two companies will collaborate on the implementation of HP’s 3D printing systems in large-scale manufacturing environments, applying their leading digital operations experience to help enterprises accelerate product design and production, create more flexible manufacturing and supply chains, and enhance efficiency across the manufacturing lifecycle. This can help increase innovation, accelerate time-to-market, reduce costs and waste, and help large enterprises compete more effectively in today’s dynamic global economy. The alliance will combine HP’s award-winning Jet Fusion 3D Printing solutions and tools, industry-leading partner ecosystem, and heritage of driving digital industrial transformations together with Deloitte’s global client reach and deep manufacturing relationships, extensive digital operations experience, and proven success in supply chain transformation for some of the world’s largest companies. Click Read More below for additional detail.