Thomson Reuters Explained

Thomson Reuters Corporation
Type:	Public
Industry:	Mass media
Location City:	Toronto, Ontario
Location Country:	Canada
Area Served:	Worldwide
Num Employees:	25,600 (2023)
Owner:	The Woodbridge Company (67.1%)^[1]
Subsid:	West

Thomson Reuters Corporation is a Canadian-American multinational information conglomerate.^[2] The company was founded in Toronto, Ontario, Canada and maintains its headquarters at 19 Duncan Street there.^[3]

Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group on 17 April 2008.^[4] It is majority-owned by The Woodbridge Company, a holding company for the Thomson family of Canada.^[5]

History

Thomson Corporation

See main article: Thomson Corporation. The forerunner of the Thomson company was founded in 1934 by Roy Thomson in Ontario as the publisher of The Timmins Daily Press.^[6] In 1953, Thomson acquired the Scotsman newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957, when he won the franchise for Scottish Television. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the Sunday Times. He separately acquired the Times in 1967. He moved into the airline business in 1965, when he acquired Britannia Airways, and into oil and gas exploration in 1971, when he participated in a consortium to exploit reserves in the North Sea. Following the death of Thomson, the company withdrew from national newspapers and broadcast media, selling the Times and the Sunday Times to Rupert Murdoch's News International in 1981, and instead moved into publishing, buying Sweet & Maxwell in 1988. The company at this time was known as the International Thomson Organization Ltd (ITOL).^[7]

In 1989, ITOL merged with Thomson Newspapers, forming the Thomson Corporation. In 1996, the Thomson Corporation acquired West Publishing, a purveyor of legal research and services (including Westlaw).^[8]

Reuters Group

See main article: Reuters Group. The company was founded in 1851 by Paul Julius Reuter in London as a business transmitting stock market quotations.^[8] Reuter set up his "Submarine Telegraph" office in October 1851 and negotiated a contract with the London Stock Exchange to provide stock prices from the continental exchanges in return for access to London prices, which he then supplied to stockbrokers in Paris.^[8] In 1865, Reuters in London was the first organization to report the assassination of Abraham Lincoln.^[8] The company was involved in developing the use of radio in 1923.^[8] It was acquired by the British National & Provincial Press in 1941, and it first listed on the London Stock Exchange in 1984.^[8] Reuters began to grow rapidly in the 1980s, widening the range of its business products and expanding its global reporting network for media, financial and economic services. Key product launches included Equities 2000 (1987), Dealing 2000-2 (1992), Business Briefing (1994), Reuters Television for the financial markets (1994), 3000 Series (1996) and the Reuters 3000 Xtra service (1999).^[8]

Thomson acquisition of Reuters

The Thomson Corporation acquired Reuters Group plc to form Thomson Reuters on 17 April 2008.^[9] Thomson Reuters operated under a dual-listed company ("DLC") structure and had two parent companies, both of which were publicly listed — Thomson Reuters Corporation and Thomson Reuters plc. In 2009, it unified its dual listed company structure and stopped its listing on the London Stock Exchange and NASDAQ. it is listed only as Thomson Reuters Corporation on the New York Stock Exchange and Toronto Stock Exchange (symbol: TRI).^{[10] [11]}

Thomson Reuters was ranked first in Interbrand's 2010 ranking of Canadian corporate brands.^[12]

In February 2013, Thomson Reuters announced it would cut 2,500 jobs to cut costs in its legal, financial and risk divisions.^[13] In October 2013, Thomson Reuters announced it would cut another 3,000 jobs, mostly in those same three divisions.^[14]

Market position and Thomson Reuters merger antitrust review

The Thomson-Reuters merger transaction was reviewed by the U.S. Department of Justice and by the European Commission. On 19 February 2008, both the Department of Justice and the Commission cleared the transaction subject to minor divestments.^[15] The Department of Justice required the parties to sell copies of the data contained in the following products: Thomson's WorldScope, a global fundamentals product; Reuters Estimates, an earnings estimates product; and Reuters Aftermarket (Embargoed) Research Database, an analyst research distribution product. The proposed settlement further requires the licensing of related intellectual property, access to personnel, and transitional support to ensure that the buyer of each set of data can continue to update its database so as to continue to offer users a viable and competitive product.^[16] The European Commission imposed similar divestments: according to the commission's press release, "the parties committed to divest the databases containing the content sets of such financial information products, together with relevant assets, personnel and customer base as appropriate to allow purchasers of the databases and assets to quickly establish themselves as a credible competitive force in the marketplace in competition with the merged entity, re-establishing the pre-merger rivalry in the respective fields."^[17]

These remedies were viewed as very minor given the scope of the transaction. According to the Financial Times, "the remedy proposed by the competition authorities will affect no more than $25m of the new Thomson Reuters group's $13bn-plus combined revenues."^[18]

The transaction was cleared by the Canadian Competition Bureau.^[19]

In November 2009, the European Commission opened formal antitrust proceedings^[20] against Thomson Reuters concerning a potential infringement of the EC Treaty's rules on abuse of a dominant market position (Article 82). The Commission investigated Thomson Reuters' practices in the area of real-time market datafeeds, and particularly, whether customers or competitors were prevented from translating Reuters Instrument Codes (RICs) to alternative identification codes of other datafeed suppliers (so-called 'mapping') to the detriment of competition. In December 2012, the European Commission adopted a decision that renders legally binding the commitments offered by Thomson Reuters to create a new licence ("ERL") allowing customers, for a monthly fee, to use Reuters Instrument Codes (RICs) in applications for data sourced from Thomson Reuters' real time consolidated datafeed competitors to which they have moved.^[21]

Reuters purchase process

Historically, no single individual has been permitted to own more than 15% of Reuters, under the first of the Reuters Principles, which states, "Reuters shall at no time pass into the hands of any one interest, group or faction."^[22] However, that restriction was waived for the purchase by Thomson, whose family holding company, the Woodbridge Company currently owns 53% of the enlarged business. Robert Peston, business editor at BBC News, stated that this has worried Reuters journalists, both because they are concerned that Reuters' journalism business will be marginalized by the financial data provision business of the combined company, and because of the threat to Reuters's reputation for unbiased journalism by the appearance of one majority shareholder.

Pehr Gyllenhammar, Chairman of the Reuters Founders Share Company, explained that the Reuters Trust's First Principle had been waived for the Thomson family because of the poor financial circumstances that Reuters had been in, stating, "The future of Reuters takes precedence over the principles. If Reuters were not strong enough to continue on its own, the principles would have no meaning." He stated, not having met David Thomson but having discussed the matter with Geoff Beattie, the president of Woodbridge, that the Thomson family had agreed to vote as directed by the Reuters Founders Share Company on any matter that the trustees might deem to threaten the five principles of the Reuters Trust. Woodbridge will be allowed an exemption from the First Principle as long as it remains controlled by the Thomson family.^{[23] [24] [25] [26]}

Commercial products and activities

Operations

The chief executive of the combined company is Steve Hasker, who was the chief executive for the professional division, and the Chairman is David Thomson.^{[27] [28]}

In 2018, the company was organized around four divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.^[29]

Former divisions: Intellectual Property & Science, Financial & Risk, Thomson Healthcare, and Scholarly & Scientific Research.

As of 2018, the Financial & Risk division makes for over half of the company's revenue.

Thomson Reuters competes with Bloomberg L.P., in aggregating financial and legal news.^[30]

Thomson Reuters subscriptions compete with open access alternatives, accessible through open data and open source aggregators such as Unpaywall, which can help counter the increase in subscription costs (+779% in the 1995–2015 period vs. 58% for the consumer price index).^[31]

Merative

In 2012, Thomson Reuters sold its Healthcare division to Veritas Capital, who renamed the business Truven Health Analytics.^[32] IBM Corporation acquired Truven Health Analytics on February 18, 2016, and merged it with IBM's Watson Health unit.^[33] On June 30, 2022, Francisco Partners announced the completion of acquiring Watson Health and launched a healthcare data company named Merative.^[34]

Clarivate

Clarivate (formerly CPA Global) was formerly the Intellectual Property and Science division of Thomson Reuters. Before 2008, it was known as Thomson Scientific.^[35] In 2016, Thomson Reuters struck a $3.55 billion deal in which they spun it off as an independent company, and sold it to private-equity firms Onex Corporation and Baring Private Equity Asia.^{[36] [37]}

Acquisitions and divestitures

In 1998, Reuters Group plc acquired Lipper Analytical as a wholly owned subsidiary.^[38] Lipper became part of Thomson Reuters in April 2008, following the merger of Thomson Financial and Reuters. (The Lipper Fiduciary Services and Lipper FMI was purchased by Broadridge Financial Solutions in May 2015.)^[39]

The company has been highly acquisitive, completing over 200 acquisitions between 2008 and 2018. This includes:

• In July 2009, Thomson Reuters' acquisition of Streamlogics.^[40] Founded in 1999, Streamlogics is a provider of customizable, high volume, real time data mining solutions ^[41] for hundreds of enterprises across several verticals including financial services, technology and health care/life sciences. Streamlogics' webcasting solutions are used for training and certification, marketing and lead generation, and corporate communications.^[42]
• In August of that year, it bought Vhayu Technologies. Vhayu is a provider of tick data services, and Thomson Reuters had been distributing its Velocity product under the Reuters Tick Capture Engine label for the four years prior to the acquisition.^[43]
• Additionally, on 21 September 2009, Thomson Reuters bought Hugin Group, the European IR and PR distribution group, from NYSE Euronext. Terms have not been disclosed, but it has been reported in Danish newspapers that the price was between €40 million and €42m.^[44] It also bought the Abacus software business from Deloitte, a provider of corporate taxation software for the UK, Ireland, the Netherlands, New Zealand, and Hong Kong, as well as Indirect Tax Reporting software for 20 E.U countries. Terms of the transaction were not disclosed.^[45]
• In October 2009, Thomson Reuters acquired Breaking Views.^[46]
• In November 2009, The Tax & Accounting business acquired Sabrix, Inc, a global provider of transaction tax management software applications and related services.^[47]
• Also, in 2009, Thomson Reuters sold the Physician's Desk Reference to Lee Equity Partners.^[48]
• In January 2010, Thomson Reuters acquired Discovery Logic^[49] and subsequently, in February, Aegisoft LLC to improve their electronic trading capabilities by offering direct market access.^[50] Also in February, it acquired the legal ranking system Super Lawyers.^[51]
• In May 2010, it acquired Point Carbon A/S, a Norwegian company that provides news and trading analytics for the energy and environmental markets.^[52] Also in May, it acquired the Brazilian legal publisher Revista dos Tribunais.^[53]
• In June 2010, it acquired Complinet, a compliance software company.^[54]
• In October of that year, it acquired Serengeti Law, a matter management and ebilling system.^[55]
• On 22 November 2010, it acquired the legal process outsourcing (LPO) provider Pangea3. Financial Terms of the deal were not disclosed.^[56] It also acquired the banking data and analytic provider Highline Financial, and GeneGo, a supplier of systems biology databases, software and services.^[57]
• On 20 June 2011, Thomson Reuters acquired CorpSmart from Deloitte.^[58]
• On 18 July 2011, it acquired Manatron from Thoma Bravo.^[59] In August, Thomson Reuters acquired GFMS.^[60]
• On 8 December 2011, Thomson Reuters acquired Emochila, a website development firm founded by Chad Brubaker and Justin Curzi in the tax and accounting space, in order to further integrate its CS suite of products onto a cloud-based platform.^[61]
• In January 2012, Thomson Reuters acquired Dr Tax, which, according to its press release, was "Canada's largest independently owned developer of income tax software for accounting firms and consumers."^[62] Dr Tax's product line includes DT MAX, a tax compliance software for accounting firms, and its consumer tax preparation software, UFile and ImpôtExpert.^[63]
• In February, the company acquired RedEgg, a provider of media intelligence solutions for public relations and marketing professionals.^[64] On 22 March, it acquired BizActions, a digital newsletter and Web marketing providers for accounting firms in North America^[65]
• On 8 June 2012, Apsmart, a London-based company specializing in design and development of mobile solutions, became the next organization to be acquired.^[66]
• On 25 June 2012, Reuters obtained Zawya Limited, a regional provider of business intelligence and unique tools for financial professionals in the Middle East and North Africa .^[67]
• On 10 July 2012, Thomson Reuters acquired FX Alliance Inc, an independent provider of electronic foreign exchange trading services to corporations and asset managers.^[68]
• In July, it also acquired Dofiscal^[69]
• On 26 July 2012, Thomson Reuters announced acquisition of MarkMonitor, a San Francisco-based company specializing in internet brand protection software and services.^[70]
• On 3 January 2013, Thomson announced that it was to acquire Practical Law Company, the London-based provider of practical legal know-how and workflow tools to law firms and corporate law departments. Practical Law Company has more than 750 employees, with principal operations in London and New York, and will be part of the Legal business of Thomson Reuters.^[71]
• On 16 April 2013, Thomson Reuters acquired Select TaxWorks Assets of RedGear Technologies.^[72]
• On 6 June 2013, Thomson Reuters acquired, a provider of OTC Derivatives Pricing Analytics and independent valuation.^[73]
• On 2 July 2013, Thomson Reuters acquired the foreign exchange options business of Tradeweb.^[74]
• On 16 August 2013, Thomson Reuters acquired the foreign exchange options risk management technology provider SigmaGenix.^[75]
• On 18 August 2013, Thomson Reuters acquired a majority stake in Omnesys Technologies^[76] and acquired completely the company on 16 September 2013 ^[77]
• In August 2013, it also acquired WeComply.^[78]
• On 10 September 2013, Thomson Reuters acquired the CPE and CPA Division of Bisk Education Inc ^[79] and Kortes.^[80]
• On 23 October 2013, Thomson Reuters acquired Entagen, acquiring the Cortellis family of products for drug pipeline, deals, patents, and company content.^[81]
• On 10 December 2013, Thomson Reuters acquired Avedas and expands its scholarly-research analytics solution.^[82]
• In February 2014, Thomson Reuters acquired Brazil's Domínio Sistemas, a company focused on developing accounting solutions.^[83]
• On 1 July 2014, Thomson Reuters acquired UBS Convertible Indices.^[84]
• In October 2014, Thomson Reuters sold its PE/VC media assets (including PEHub and Venture Capital Journal) to UCG.^[85]
• In January 2015, Thomson Reuters acquired K'Origin.^[86]
• In September 2015, Thomson Reuters acquired Business Integrity Ltd.^[87]
• In April 2016, Thomson Reuters acquired Wm Reuters Foreign Exchange benchmarks from State Street Corporation.^[88]
• In July 2016, Thomson Reuters announced it would be selling its Intellectual Property and Science business (including Web of Science, MarkMonitor and EndNote) to private equity funds;^{[89] [90]} the newly independent business is Clarivate Analytics.^[91]
• In January 2017, Thomson Reuters acquired REDI allowing Thomson Reuters to incorporate an advanced, cross-asset execution management system (EMS) into its buy-side trading capabilities and deliver integrated trading workflow solutions to the buy-side community.^[92]
• In March 2017, Thomson Reuters acquired the Avox and Clarient businesses from DTCC.^{[93] [94] [95]}
• In January 2018, Thomson Reuters announced it was divesting its financial and risk unit to U.S. private equity firm, the Blackstone Group. Thomson Reuters will retain 45% of the divested unit, keep the Reuters brand, and will continue to deliver Reuters news and editorial content to the new divested unit. The joint venture will be branded as Refinitiv. The deal will fund the Reuters business for the next 30 years.^[96] David Thomson is said to oppose the deal,^[97] and the transaction was approved by the EU commission on 23 July 2018.^[98] The Lipper Fund Awards, retained from the company's 1998 acquisition of Lipper Analytical, also transferred from Reuters to Refinitiv.^[99]
• In October 2018, Thomson Reuters announced the future acquisition of Integration Point, an international leader in global trade management (GTM) operations.^[100]
• In November 2019, the company acquired global legal market research analyst firm Acritas.^{[101] [102]}
• In April 2022, Thomson Reuters acquired Gestta Technology Ltda, an accounting automation software, formerly part of the Redspark Group.^[103]
• On 3 January 2023, Thomson Reuters acquired SurePrep, a US-based leader in 1040 tax automation software and services. On 11 November 2022, Thomson Reuters announced that it had reached a definitive agreement to acquire SurePrep for $500 million in cash.^[104]
• In June 2023, Thomson Reuters agreed to acquire Casetext, a provider of AI technology for legal professionals, in an all-cash deal worth $650million.^[105] The acquisition was completed in August 2023.^[106]

Sponsorships

Thomson Reuters has sponsored Canadian golf champion Mike Weir and the Williams Grand Prix Engineering Formula One team. It also sponsors Marketplace, a radio show from American Public Media.

Thomson Reuters, among other media corporations, also donated hundreds of thousands of dollars to the Clinton Foundation.^[107]

Involvement in surveillance

Thomson Reuters owns and operates the Consolidated Lead Evaluation and Reporting (CLEAR) database,^{[108] [109] [110]} which scrapes personal and identifying data for use in law enforcement, corporate security, and fraud investigations.^[111] Per the company's marketing, CLEAR compiles public records, phone records, utility records, social media information, credit history, motor vehicle registration data, and automatic license plate reader scans to create files on its subjects.^[112] CLEAR has been the subject of numerous lawsuits alleging invasions of privacy and other violations of civil liberties.^{[113] [114] [115] [116]}

In November 2019, two groups of legal scholars and human rights activists called on Thomson Reuters to cease providing U.S. Immigration and Customs Enforcement and Palantir Technologies access to information through Westlaw, which has enabled the deportation of illegal immigrants. A company representative replied that Thomson Reuters will help the American government and police in active criminal investigations and against threats to national security or public safety.^{[117] [118]} In February 2020, a group of Thomson Reuters shareholders criticized the company's involvement with ICE for immigrant tracking.^[119]

In 2020, three Reuters investigative journalists, Raphael Satter, Christopher Bing and Jack Stubbs, who were conducting an investigation about a hack-for-hire company based in India, forcefully took a photograph of Kumar, a small scale Indian herbal businessman for an alleged hacker Sumit Gupta of Belltrox.^[120] Kumar had showed his identity proof that he is not the alleged hacker but one of the three journalists took his photograph and used in their story. The businessman was questioned by the police, suffered reputation damage and business loss, and later relocated to a small town.^[121] Reuters later admitted to an error of mistaken identity caused by the businessman's sharing of same address with the alleged hacker.^[122]

See also

• List of news agencies
• List of companies named after people
• Companies listed on the Toronto Stock Exchange (T)
• Dual-listed company
• List of client portals
  • List of companies based in New York City Software industry in Telangana

Related

• Thomson Reuters Citation Laureates
• Thomson Reuters Business Classification
  • Thomson Reuters Messenger Thomson Reuters Indices
• Thomson Reuters/CoreCommodity CRB Index
• Thomson Reuters league tables
• Thomson Reuters Realized Volatility Index
• Thomson Reuters Foundation

Further reading

• News: Reuters. Thomson Reuters deal would raise U.S. antitrust issue. 4 May 2007. Peter Kaplan.
• News: CMP Media LLC. Wall Street & Technology. 16 May 2007. How Will the Thomson Reuters Marriage Affect Customers?. Penny Crosman. 17 May 2007. 19 January 2008. https://web.archive.org/web/20080119201215/http://www.wallstreetandtech.com/blog/archives/2007/05/how_will_the_th.html. dead.
• News: Combined Thomson Reuters Would Challenge Bloomberg. Ian Austen. 9 May 2007. New York Times.
• News: WebPro News. Reuters using social media software to launch community around environmental markets. 18 June 2007. Jerry Bowles. dead. https://web.archive.org/web/20100605053548/http://www.webpronews.com/blogtalk/2007/06/18/reuters-on-blogtronix. 5 June 2010.
• News: Ovide . Shira . Crunch Time at Thomson Reuters . Wall Street Journal . 26 July 2011. "CEO Glocer Is Under Pressure After Restructuring Backed by Controlling Family".

Notes and References

1. Web site: 2022 Regulatory Filing (Schedule 13D) . 11 February 2022 . . 2.
2. Web site: Thomson Reuters Corporation Fact Book 2017, "Business Overview". 7 September 2017.
3. Web site: Thomson Reuters opens new HQ in Toronto. The Baron. 10 May 2023. 3 April 2024.
4. News: Haycock . Gavin . MacMillan, Robert . . Thomson Reuters debuts amid global market jitters . 18 April 2008 . 17 April 2008.
5. Web site: About Us. https://web.archive.org/web/20110101204815/http://thomsonreuters.com/about/. 1 January 2011. Thomson Reuters. 28 August 2009.
6. Book: Svengalis, Kendall F. . The IALL International Handbook of Legal Information Management . 3 March 2016 . . 978-1-317-02821-5 . Danner . Richard A. . 239 . Globalisation and Commercial Legal Publishing . 10.4324/9781315556963 . Winterton . Jules.
7. http://www.fundinguniverse.com/company-histories/the-thomson-corporation-history/ The Thomson Corporation History
8. Web site: Thomson Reuters History . Thomson Reuters . 13 December 2013 . 15 January 2014.
9. Web site: 2008-04-17 . Thomson Completes Acquisition of Reuters; Thomson Reuters Shares Begin Trading Today . dead . https://web.archive.org/web/20100819124920/http://thomsonreuters.com:80/content/press_room/corp/corp_news/212378 . 2010-08-19 . 2014-01-15 . Thomson Reuters.
10. Web site: 2013-12-13 . Company history . live . https://web.archive.org/web/20170414152000/https://www.thomsonreuters.com/en/about-us/company-history.html . 2017-04-14 . 2014-01-15 . Thomson Reuters.
11. Web site: 2009-03-31 . Thomson Reuters PLC: Audited Consolidated Financial Statements for the Year Ended December 31, 2008 (Registration No. 6141013) . dead . https://web.archive.org/web/20100205194058id_/http://thomsonreuters.com/content/PDF/corporate/TR_PLC_Financial_YE_12_31_20.pdf . 2010-02-05 . 2024-06-23 . Thomson Reuters.
12. Web site: 2010-05-16 . Best Canadian Brands 2010: The Definitive Guide to Canada’s Most Valuable Brands . dead . https://web.archive.org/web/20100821084719id_/http://www.interbrand.com:80/images/studies/-1_BCB_2010_lowres_v4_16May10.pdf . 2010-08-21 . 2010-08-05 . Interbrand.
13. News: Thomson Reuters to cut 2,500 jobs . USA Today . 13 February 2013 . 14 February 2013.
14. News: Thomson Reuters Cutting 3,000 Jobs . The Wall Street Journal . 29 October 2013 . 30 October 2013.
15. News: EU approves Thomson–Reuters merger . CNBC . 19 February 2008 . 15 January 2014.
16. Web site: Justice Department Requires Thomson to Sell Financial Data and Related Assets in Order to Acquire Reuters . US Department of Justice . 19 February 2008 . 15 January 2014.
17. Web site: EUROPA – Rapid – Press Releases . EUROPA . 15 January 2014.
18. Web site: Edgecliffe . Andrew . / Companies / Media & internet - Thomson cleared for Reuters merger . Financial Times . 19 February 2008 . 15 January 2014.
19. Web site: Competition Bureau Clears Thomson Acquisition of Reuters . Competition Bureau . 15 January 2014 . 15 October 2008 . https://web.archive.org/web/20081015234055/http://www.competitionbureau.gc.ca/epic/site/cb-bc.nsf/en/02574e.html . dead .
20. Web site: Commission opens formal proceedings against Thomson Reuters concerning use of Reuters Instrument Codes . 10 November 2009. European Commission.
21. Web site: Antitrust: Commission renders legally binding commitments from Thomson Reuters . 20 December 2012. European Commission. live . https://web.archive.org/web/20190526183542/http://europa.eu/rapid/press-release_IP-12-1433_en.htm . 26 May 2019.
22. Web site: 14 May 2007 . An international alliance of journalist unions question Thomson-Reuters deal. . dead . https://web.archive.org/web/20080507150518/http://www.eursoc.com/news/fullstory.php/aid/1607/An_international_alliance_of_journalist_unions_question_Thomson-Reuters_deal..html . 7 May 2008 . EURSOC.
23. News: Reuters agrees to Thomson buyout. . 15 May 2007 . live . https://web.archive.org/web/20231202132533/http://news.bbc.co.uk/1/hi/business/6656525.stm . 2 December 2023 .
24. News: Thomson accepts Reuters voting code. Andrew Edgecliffe-Johnson . 16 May 2007 . subscription . Financial Times.
25. News: Thomson accepts Reuters voting code. 17 May 2007. Financial News . 17 May 2007. 10 February 2008. https://web.archive.org/web/20080210042008/http://www.financialnews-us.com/?page=ushome&contentid=2347839512. dead.
26. News: Q&A: Why Reuters is news. . 15 May 2007 . live . https://web.archive.org/web/20211125023923/http://news.bbc.co.uk/1/hi/business/6634531.stm . 25 November 2021 .
27. News: Thomson, Reuters face antitrust review. 17 May 2007. Robert Schroeder. Times Argus. 18 January 2022. 9 February 2008. https://web.archive.org/web/20080209175514/http://www.timesargus.com/apps/pbcs.dll/article?AID=%2F20070517%2FBUSINESS%2F705170325%2F1006%2FBUSINESS. dead.
28. News: Thomson Emerges From Father's Shadow With Reuters Buy. Kevin Bell and Joe Schneider. 16 May 2007. Bloomberg L.P..
29. Web site: Thomson Reuters Fact Book 2014. Thomson Reuters. https://web.archive.org/web/20170702200803/http://phx.corporate-ir.net/External.File?item%3DUGFyZW50SUQ9NTg1MTA0fENoaWxkSUQ9MjM5OTE0fFR5cGU9MQ%3D%3D%26t%3D1. 2 July 2017. dead.
30. Web site: Thomson Reuters EU Antitrust Pact Challenged by Morningstar. 13 February 2014. White. Aoife . Bodoni. Stephanie. Bloomberg.com. 5 May 2014.
31. Web site: 25 April 2020. Open Source Access to Scholarly Research. 25 April 2017.
32. Web site: Veritas completes purchase of Thomson health unit . 7 June 2012 . 5 March 2023 . Reuters.
33. Web site: IBM Watson Health Announces Plans to Acquire Truven Health Analytics for $2.6B, Extending Its Leadership in Value-Based Care Solutions . IBM . 18 February 2016 . 2016-02-19.
34. Web site: Francisco Partners - News - Francisco Partners Completes Acquisition of IBM's Healthcare Data and Analytics Assets; Launches Healthcare Data Company Merative . 2022-06-30 . 2022-07-28 . www.franciscopartners.com.
35. Web site: Acquisition of the Thomson Reuters Intellectual Property and Science Business by Onex and Baring Asia Completed . 2023-04-26 . Clarivate . 3 October 2016 . en.
36. News: Bob . Grant . Web of Science sold for more than $3 billion. The Scientist Magazine . 2016-07-15 . 2018-06-29.
37. . Clarivate Analytics . Acquisition of the Thomson Reuters Intellectual Property and Science business by Onex and Baring Asia completed . PR Newswire . 2016-10-03 . 2018-06-29.
38. News: Dale . Stephanie . 10 November 2008 . Briefing Book: A. Michael Lipper . 27 May 2020 . Forbes.
39. News: Bank of America's Race to Avoid Public Shaming Underscores the Perils of the Crisis . 27 May 2020 . Broadridge Financial . 21 May 2015.
40. Web site: Press release. 19 May 2010. 23 July 2010. https://web.archive.org/web/20100723155043/http://www.streamlogics.com/press_release_7_2_09.html. dead.
41. Web site: Streamlogic: Solutions. www.streamlogic.com.
42. Web site: Information Today . Thomson Reuters Acquires Streamlogics . Information Today, Inc. . 9 July 2009 . 15 January 2014.
43. http://www.foxbusiness.com/story/markets/industries/health-care/vhayu-technologies-acquired-thomson-reuters/ Vhayu Technologies Acquired by Thomson Reuters
44. http://www.communicatemagazine.co.uk/index.php?option=com_content&view=article&id=424:thomson-reuters-to-acquire-hugin-group-from-nyse-euronext&catid=1:stories&Itemid=115 Thomson Reuters acquires Hugin Group from NYSE Euronext
45. http://thomsonreuters.com/content/press_room/tax/480895 Press Releases
46. Thomson Reuters Acquires Breaking Views.
47. News: Thomson Reuters To Acquire Sabrix. Terms of the transaction were not disclosed. . Taume News . 17 October 2009 . 17 October 2009 . dead . https://web.archive.org/web/20110607033301/http://news.taume.com/World-Business/Business-Finance/thomson-reuters-to-acquire-sabrix-13438 . 7 June 2011 . mdy-all .
48. Lee Equity Partners Sells PDR Network, LLC to Genstar Capital Affiliate. 4 August 2021. 4 December 2015.
49. Thomson Reuters Acquires Discovery Logic.
50. http://thomsonreuters.com/content/press_room/tf/tf_gen_business/2010_02_08_aegisoft_acquisition Press Release
51. Web site: Thomson Reuters Buys Super Lawyers . abajournal.com . 2 February 2010 . 1 October 2018.
52. News: Thomson Reuters to buy Norway's Point Carbon . Reuters . 27 May 2010 . Robert . MacMillan.
53. Thomson Reuters Acquires Brazil Publishing House Revista dos Tribunais. 4 August 2021.
54. Thomson Reuters Acquires Complinet.
55. Web site: Thomson Reuters Acquires Serengeti Law . Thomson Reuters . Thomson Reuters Corp. . 6 October 2019 . en.
56. Thomson Reuters Acquires Pangea3. prnewswire. 22 November 2010.
57. Web site: Thomson Reuters Acquires GeneGo . Thomson Reuters . 15 January 2014 . 10 May 2013 . https://web.archive.org/web/20130510133203/http://thomsonreuters.com/content/press_room/science/genego_acquisition . dead .
58. Web site: acquires CorpSmart . 20 June 2011 . 12 July 2013 . 2 February 2014 . https://web.archive.org/web/20140202162911/http://thomsonreuters.com/press-releases/062011/454308 . dead .
59. Web site: Thomson Reuters Completes Acquisition of Manatron. Reuters. 18 July 2011. dead. https://web.archive.org/web/20150924154232/http://www.reuters.com/article/2011/07/18/idUS174696+18-Jul-2011+HUG20110718. 24 September 2015.
60. Web site: Company History . GFMS . 6 September 2012.
61. Web site: Cohn . Michael . Thomson Reuters Acquires Web Designer Emochila . 9 December 2011 . Accounting Today . 15 January 2014.
62. Web site: 12 January 2012 . Thomson Reuters Enters Canadian Tax and Accounting Software Industry With Acquisition of Dr Tax Software Inc. . 27 February 2022 . ir.thomsonreuters.com . en.
63. Web site: 12 January 2012 . Thomson Reuters buys Dr Tax . 27 February 2022 . Investment Executive . en.
64. Web site: Press releases . Thomson Reuters . 15 January 2014 . 10 May 2013 . https://web.archive.org/web/20130510112340/http://thomsonreuters.com/content/press_room/financial/2012_13_02_thomson_reuters_acquires_media_intelligence_provider_redegg . dead .
65. Thomson Reuters Acquires Bizactions.
66. Web site: Acquires Apsmart . Thomson Reuters . 8 June 2012 . 14 February 2013 . 25 January 2013 . https://web.archive.org/web/20130125055337/http://thomsonreuters.com/content/press_room/corporate/thomson-reuters-acquires-apsmart . dead .
67. Web site: Acquires Zawya . Thomson Reuters . 25 June 2012 . 25 June 2012 . 2 February 2014 . https://web.archive.org/web/20140202162908/http://thomsonreuters.com/press-releases/062012/2012_06_25_Zawya_acquired . dead .
68. Thomson Reuters Agrees to Acquire FX Alliance Inc. (FXall) . 9 July 2012 . 30 July 2012 . 4 October 2012 . https://web.archive.org/web/20121004164755/http://thomsonreuters.com/content/press_room/corporate/691118 . dead .
69. Thomson Reuters Acquires DoFiscal.
70. Thomson Reuters to Acquire MarkMonitor . 26 July 2012 . 27 July 2012 . 29 July 2012 . https://web.archive.org/web/20120729041139/http://thomsonreuters.com/content/press_room/legal/696696 . dead .
71. Web site: Thomson Reuters to Acquire Practical Law Company Thomson Reuters. thomsonreuters.com. 11 May 2016.
72. Thomson Reuters Acquired select assets of the TaxWorks software line from RedGear technologies . 16 April 2013. 16 April 2013.
73. Thomson Reuters Acquired Pricing Partners . 6 June 2013 . 6 June 2013 . 13 June 2013 . https://web.archive.org/web/20130613040624/http://thomsonreuters.com/press-releases/062013/TR-Acquires-OTC-Derivatives-Pricing-Analytics-Provider-Pricing-Partners . dead .
74. Thomson Reuters has agreed to buy the foreign exchange options business of Tradeweb Mark . 2 July 2013. 2 July 2013. 1 February 2014. https://web.archive.org/web/20140201215704/http://www.reuters.com/article/2013/07/02/us-markets-forex-tradeweb-idUSBRE9610PC20130702 . dead .
75. Thomson Reuters acquires startup options technology vendor . 16 August 2013. 16 August 2013.
76. Thomson Reuters Acquires Majority Stake In Omnesys Technologies . 18 August 2013 . 18 August 2013 . 31 August 2013 . https://web.archive.org/web/20130831183249/http://www.dealcurry.com/20130823-Thomson-Reuters-Acquires-Majority-Stake-In-Omnesys-Technologies.htm . dead .
77. Thomson Reuters Acquires Majority Stake In Omnesys Technologies . 16 September 2013. 16 September 2013.
78. Thomson Reuters Acquires Domínio Sistemas.
79. Thomson Reuters acquires the CPE and CPA Division of Bisk Education Inc . 10 September 2013 . 10 September 2013 . 2 February 2014 . https://web.archive.org/web/20140202162903/http://thomsonreuters.com/press-releases/092013/Thomson-Reuters-Acquires-the-CPE-and-CPA-Division-of-Bisk-Education-Inc . dead .
80. Thomson Reuters acquires Kortes . 14 November 2013 . 10 September 2013 . 2 February 2014 . https://web.archive.org/web/20140202162905/http://thomsonreuters.com/press-releases/112013/Thomson-Reuters-Kortes-Acquisition . dead .
81. Thomson Reuters acquires Entagen . 4 February 2014 . 23 October 2013 . 19 October 2014 . https://web.archive.org/web/20141019130723/http://thomsonreuters.com/press-releases/022014/Cortellis-Data-Fusion . dead .
82. Thomson Reuters acquires Avedas . 10 December 2013 . 10 December 2013 . 22 December 2013 . https://web.archive.org/web/20131222043128/http://ip-science.thomsonreuters.com/avedas/ . dead .
83. Thomson Reuters Acquires Domínio Sistemas. 5 August 2015. 24 September 2015. https://web.archive.org/web/20150924100106/http://www.securities.com/emis/blog/us-media-and-information-company-thomson-reuters-corp-announced-acquisition-total-capital. dead.
84. Thomson Reuters Acquires UBS Convertible Indices.
85. Web site: Thomson Reuters sells peHUB, Buyouts, VCJ to UCG. 6 October 2014. 26 December 2017.
86. Thomson Reuters Acquires K'Origin.
87. Web site: Thomson Reuters Acquires Business-integrity Ltd . October 2015.
88. Thomson Reuters acquired wm reuters foreign exchange benchmarks from state street corporation.
89. . Thomson Reuters announces definitive agreement to sell its Intellectual Property & Science business to Onex and Baring Asia for $3.55 billion . New York . Thomson Reuters . 11 July 2016 . 13 July 2016.
90. News: Exclusive: Blackstone in talks to buy majority stake in key Thomson Re. 30 January 2018. Reuters. 30 January 2018.
91. Web site: Acquisition of the Thomson Reuters Intellectual Property and Science Business by Onex and Baring Asia Completed. ipscience.thomsonreuters.com. 3 January 2017. 5 December 2016. https://web.archive.org/web/20161205133655/http://ipscience.thomsonreuters.com/news/ip-and-science-launched-as-independent-company/. dead.
92. Web site: Thomson Reuters closes Redi acquisition. www.finextra.com. 17 January 2017.
93. News: Thomson Reuters Completes Clarient and Avox Acquisitions. 20 March 2017. Thomson Reuters. 8 August 2017. en-US.
94. Web site: Thomson Reuters Completes Clarient and Avox Acquisitions Creating Best-In-Class KYC and Legal Entity Data Due Diligence Standards DTCC. www.dtcc.com. 8 August 2017.
95. Web site: Andreasyan . Tanya . 2017-02-06 . DTCC sells Clarient Global and Avox to Thomson Reuters . dead . https://web.archive.org/web/20170206152311/http://www.bankingtech.com/722251/dtcc-sells-clarient-global-and-avox-to-thomson-reuters/ . 2017-02-06 . 2017-08-08 . Banking Technology.
96. News: Blackstone to Buy Thomson Reuters Unit in a $20 Billion Deal. 30 January 2018. Bloomberg.com. 17 March 2018. en.
97. Web site: Blackstone deal shows growing cracks between Thomson Reuters family, execs. Jason. Aycock. 15 February 2018. seekingalpha.com.
98. News: Blackstone wins EU approval to buy Thomson Reuters unit. Reuters. 23 July 2018.
99. Web site: Lipper Fund Awards From Refinitiv. lipperfundawards.com. 2019. dead. https://web.archive.org/web/20200324201944/https://lipperfundawards.com/PDF/toolkit_brochure_online.pdf. 24 March 2020.
100. News: Thomson Reuters to acquire Integration Point. 23 October 2018. en.
101. http://www.legalcurrent.com/thomson-reuters-acquires-acritas/ "Thomson Reuters Acquires Acritas", Jeff McCoy, LegalCurrent.com. 8 November 2019. Retrieved 5 February 2020.
102. https://www.acritas.com/news/thomson-reuters-acquires-acritas "Thomson Reuters Acquires Acritas", Acritas, 8 November 2019. Retrieved 5 February 2020.
103. Web site: Thomson Reuters acquires Gestta . 30 April 2022 . www.thomsonreuters.com . en.
104. News: Thomson Reuters Completes Acquisition of SurePrep, LLC. 23 January 2023. en.
105. News: Gautam . Bharat Govind . 26 June 2023 . Thomson Reuters to acquire legal tech provider Casetext for $650 mln . Reuters.
106. Web site: FinSMEs . 17 August 2023 . Thomson Reuters Completes Acquisition of Casetext . 17 August 2023 . FinSMEs . en-US.
107. "Clinton Foundation donors include dozens of media organizations, individuals". Politico. 15 May 2015.
108. Web site: Budington . Bill . 2022-05-09 . Thomson Reuters to Review Human Rights Impact of its Data Collection for ICE . 2024-05-15 . Electronic Frontier Foundation . en.
109. Web site: Office of Community Services (OCS) Administrative Manual . Louisiana Department of Social Services.
110. Web site: 2020-11-01 . NLETS: Questions and Answers . National Immigration Law Center.
111. Web site: 2015-07-23 . CLEAR: The Complete Solution for Law Enforcement Investigations From: Thomson Reuters . Police Magazine . en-us.
112. Web site: Thomson Reuters CLEAR: The Smarter Way to Get Your Investigative Facts Straight . live . https://web.archive.org/web/20240403004440/https://www.thomsonreuters.com/content/dam/openweb/documents/pdf/legal/fact-sheet/clear-brochure.pdf . 2024-04-03 . Thomson Reuters.
113. Web site: Woolley . John . 2023-04-20 . Thomson Reuters Fights CLEAR Suit Class Certification (Correct) . subscription . https://archive.today/20240314021640/https://news.bloomberglaw.com/privacy-and-data-security/thomson-reuters-fights-class-certification-in-clear-privacy-suit . 2024-03-14 . Bloomberg Law News . en.
114. Web site: 2019-05-31 . 2nd Cir. - Thomson-Reuters' CLEAR Program Was Not Subject to FCRA . Severson & Werson . en.
115. Web site: Thomson Reuters CLEAR Lawsuit . 2024-05-15 . Gibbs Law Group . en.
116. Web site: Kidd v. Thomson Reuters Corp., No. 17-3550 (2d Cir. 2019) . 2024-05-15 . Justia Law . en.
117. Web site: LAWYERS AND SCHOLARS TO LEXISNEXIS, THOMSON REUTERS: STOP HELPING ICE DEPORT PEOPLE. 14 November 2019. 4 September 2020.
118. News: How ICE Picks Its Targets in the Surveillance Age. 2 October 2019. McKenzie. Funk. The New York Times. 4 September 2020.
119. Web site: Thomson Reuters faces pressure over ICE contracts. 21 May 2020. 4 September 2020. The Verge. Lyons. Kim.
120. Web site: Quint . The . 10 June 2020 . BellTroX: How an Obscure Indian Firm Ran A Global Spying Operation . 11 November 2022 . TheQuint . en.
121. Web site: Mihindukulasuriya . Regina . 29 June 2020 . Reuters goofs up, shows innocent Delhi man as wanted Indian hacker behind global spy racket . 11 November 2022 . ThePrint . en-US.
122. News: 9 June 2020 . Exclusive: Obscure Indian cyber firm spied on politicians, investors worldwide . en . Reuters . 11 November 2022.