Bertelsmann
Strategic Concepts & Mechanics
Primary Evidence
""It turned out to be a resounding success," notes a slightly jealous Lagardère shareholder. "And above all, Vincent could not fail to notice that the three global publishing leaders are European-Bertelsmann, Pearson, and Hachette-which aligns well with his strategy of championing non-Anglo-Saxon media.""
"The way Middelhoff acquired the American publisher Random House for Bertelsmann is a legend in itself: Middelhoff flew to New York and delivered a powerful speech to the Jewish owners of the publisher. Almost like Heinz Berggruen when selling his collection to Germany, he built a "bridge of reconciliation" between America and Germany to seize a new historical opportunity: "That a German corporation will in the future take care of the legacy of Jewish literature and current Jewish writers.""
"Together with investment banker Florian Lahnstein and the former Bertelsmann and interim Karstadt boss Thomas Middelhoff, Berger brought the first SPAC to Europe; the name stands for "Special Purpose Acquisition Company"."