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Chelsea Green Publishing--Bought Out?

 
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Looks like one of my favorite publishers is no longer employee-owned, as I was so proud of it for being. In fact, it seems to be corporation-owned now:
https://www.chelseagreen.com/about/chelsea-green/

In 2019 Chelsea Green became a 100% employee-owned company through its ESOP plan until May 2024 when the company was purchased by Rizzoli International Publications, the preeminent publisher of high-quality illustrated books, based in New York and part of the leading Italian publisher Mondadori Group.  



And if I try to preorder something, it gives me a "cart.penguinrandomhouse.com/prhcart" url.

Wow.
 
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Are they using penguin distribution network or are they owned by the same people?  
 
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I was curious so I did some looking around and found this -
https://www.sevendaysvt.com/arts-culture/major-international-publisher-acquires-chelsea-green-publishing-40699715

It looks like it's being bought out by Rizzoli International Publications in New York City. The article says they'll keep everyone on, but they'll work for the new company now.
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