Practical Law Company Being Acquired by Thomson Reuters
Twitter is a-buzz today with the announcement that Thomson Reuters is acquiring innovation darling of UK law, Practical Law Company.
According to the Thomson Reuters press release (Jan. 3, 2013):
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. The acquisition is subject to regulatory approval and customary closing conditions, and is expected to close in the first quarter of 2013. Terms of the deal were not disclosed.
PLC has been making an impact over the last couple of years in North . . . [more]
