Barack, Michelle Obama sign bumper book deal

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A descendant of slaves, she became the first African American first lady and garnered high approval ratings — to the point where she was arguably one of the country’s most respected and popular women.

Penguin Random House said in a statement it has “acquired world publication rights for two books, to be written by president and Mrs Obama respectively.”

The terms of the deal were not disclosed, but bidding for the high-profile double book deal topped USD 60 million, a record sum for US presidential memoirs, according to the Financial Times.

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