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Thomson Reuters Completes Acquisition of Practical Law Company



        Thomson Reuters Completes Acquisition of Practical Law Company

PR Newswire

LONDON and NEW YORK, Feb. 1, 2013

LONDON and NEW YORK, Feb. 1, 2013 /PRNewswire/ -- Thomson Reuters today
announced that it has completed the acquisition of Practical Law Company, a
leading provider of practical legal know-how and workflow tools. Practical Law
Company has operations in New York and London; terms of the deal were not
disclosed.

Thomson Reuters announced on January 3 that it had reached a definitive
agreement to acquire Practical Law Company. The acquisition, which was subject
to regulatory review in the U.S. and UK, has received Hart Scott Rodino
clearance in the U.S. In the UK, where Thomson Reuters made a voluntary
submission to the Office of Fair Trading (OFT), the review process is
underway.

Mike Suchsland, president of the Legal business of Thomson Reuters, said, "The
completion of the acquisition positions Thomson Reuters with a comprehensive
portfolio of productivity solutions that combine the best legal information,
expert know-how resources and software tools and are geared to help in-house
lawyers and outside counsel work more efficiently and effectively. We look
forward to building upon each company's innovation, editorial legacy and
expertise to create even more powerful tools to support and improve the
practice of law."

THOMSON REUTERS
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
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.

 

                                     

                                    In the UK:
CONTACT
                                    David Crundwell
In the U.S.:
                                    Thomson Reuters
John Shaughnessy
                                    +44 (0) 207 542 8763
Thomson Reuters
                                    david.crundwell@thomsonreuters.com
+1 651.687.4749
                                     
john.shaughnessy@thomsonreuters.com
                                    Pete Biggs
 
                                    Thomson Reuters
 
                                    +44 (0) 207 542 4214

                                    pete.biggs@thomsonreuters.com

SOURCE Thomson Reuters

Website: http://www.thomsonreuters.com
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