Thomson Reuters welcomes OFT clearance of Practical Law Company deal
(Thomson Reuters ONE) -
LONDON and NEW YORK, Mar. 28, 2013 - Thomson Reuters today announced that it has
received formal clearance from the Office of Fair Trading ("OFT") for its
completed acquisition of Practical Law Company.
The acquisition brings together the world class legal information and tools of
Thomson Reuters with Practical Law Company's expert authored know-how resources.
Regulatory clearance in the UK means the "hold separate" undertakings entered
into by Thomson Reuters with the OFT will now fall away, and the two companies
can begin the process of integrating their product portfolios and business
operations.
Thomson Reuters announced on January 3 that it had reached a definitive
agreement to acquire Practical Law Company. Terms of the deal were not
disclosed.
THOMSON REUTERS
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technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. For more information, go to www.thomsonreuters.com.
CONTACT
In the U.K.: In the U.S.:
Paul Sandell Scott Augustin
Thomson Reuters Thomson Reuters
+44 (0) 207 393 7386 +1 651 848 5793
paul.sandell(at)thomsonreuters.com scott.augustin(at)thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
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Datum: 28.03.2013 - 12:27 Uhr
Sprache: Deutsch
News-ID 244176
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