7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Penguin Random House CEO to step down after merger deal with Simon & Schuster scrapped


Penguin Random House head Markus Dohle will step down at the end of the year after a U.S. judge blocked a planned $2.2 billion merger of the world’s largest publisher and rival Simon & Schuster, the company said in a statement on Friday.

He had resigned “at his own request and on the best of mutual terms”, it added.

Nihar Malaviya, who is president and chief operating officer of Penguin Random House U.S., will take over as interim CEO from Jan. 1, the company said.

Thomas Rabe, chief executive of Penguin’s German owner Bertelsmann, expressed full confidence in Malaviya, who he said had a chance of permanently becoming CEO. “We’re looking at that over the next year,” he told Reuters.

He said the company would focus on smaller and mid-size acquisitions in the United States and other countries.

“We will invest several hundred million euros in the acquisition of book publishers worldwide by 2025 as part of our Boost strategy,” he said.

Bertelsmann initially said it would appeal the U.S. judge’s decision but then last month decided to scrap the deal after discussions with Paramount Global, Simon & Schuster’s owner.

Judge Florence Pan of the U.S. District Court for the District of Columbia ruled on Oct. 31 that the Justice Department had shown the deal could substantially lessen competition “in the market for the U.S. publishing rights to anticipated top-selling books”.

With the deal’s dissolution, Penguin will pay a $200 million termination fee to Paramount.

Regardless of the setback, Rabe said Bertelsmann wants to maintain its focus on the United States.

https://www.tausiinsider.com/penguin-random-house-ceo-to-step-down-after-merger-deal-with-simon-schuster-scrapped/?feed_id=329554&_unique_id=642feb205d788

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