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The Penguin Group is a trade book publisher, part of Penguin Random House. It is owned by Pearson PLC, the global education and publishing company, and Bertelsmann, the German mediaconglomerate. The new company was created by a merger that was finalized on 1 July 2013, with Bertelsmann owning 53% of the joint venture, and Pearson controlling the remaining 47%. |
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