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Besides the U.S., the proposed merger includes Random House and Penguin Group's publishing units in Canada, the United Kingdom, Australia, New Zealand, India and South Africa. Penguin's operations in China and Random House's publishers in Spain and Latin America also are part of the proposed merger. The combined company will control 26 percent of the global consumer publishing market, leaping ahead of the 17 percent share of French publisher Lagardere, according to analyst estimates. The two media companies had announced the merger last October and expect to finalize the deal in the second half of this year.
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