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Biography"Random House is an American book publisher and the largest general-interest paperback publisher in the world. It is part of Penguin Random House, which is owned by German media conglomerate Bertelsmann. Random House was founded in 1927 by Bennett Cerf and Donald Klopfer, two years after they acquired the Modern Library imprint from publisher Horace Liveright, which reprints classic works of literature. In 1998, Bertelsmann AG bought Random House and merged it with Bantam Doubleday Dell and it soon went global. In October 2012, Bertelsmann entered into talks with rival conglomerate Pearson plc, over the possibility of combining their respective publishing companies, Random House and Penguin Group. The merger was completed on July 1, 2013, and the new company is Penguin Random House." -- Wikipedia