Simpson Thacher is representing funds managed by KKR in connection with their agreement to acquire Simon & Schuster from Paramount Global for an aggregate purchase price of $1.62 billion in cash. Completion of the transaction is subject to customary closing conditions, including regulatory approvals.~~Simon & Schuster is a global leader in general interest publishing, dedicated to providing the best in fiction and nonfiction for readers of all ages, and in all printed, digital and audio formats.~~The Simpson Thacher team includes Marni Lerner, Naveed Anwar, Jeff Levine, Julia Tory, Kelly Johnson, Luca Tomasi and Jacob Kornman (M&A); Marcy Geller, Sophie Staples, Lina Pan and Elizabeth Trask (Tax); David Rubinsky and Josh Stephens (Executive Compensation and Employee Benefits); Lori Lesser, Kate Mirino, Rachelle Broida and Mark Natividad (Intellectual Property); Patrick Wolff and Ashley Jaramillo (Credit); Krista McManus (Real Estate); and Sara Razi, Preston Miller and Nicholas Ingros (Antitrust).