YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Blackstone strikes $17B deal for Thomson Reuters data unit

Posted online

Blackstone agreed to pay $17.3 billion to buy a controlling stake in the financial terminals and data business of Thomson Reuters.

The move reportedly would make U.S. money manager Blackstone a direct competitor to Bloomberg.

The purchase would be the largest change to Thomson Reuters since it was formed in 2008 through the acquisition of London-based Reuters by Canada’s Thomson.

Read more from Financial Times.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: EarthWise Pet

The first southwest Missouri location of EarthWise Pet, a national chain of pet supply stores, opened; Grey Oak Investments LLC relocated; and Hot Bowl by Everyday Thai LLC got its start.

Most Read
Update cookies preferences