Thomson Reuters to Acquire Practical Law Company

“Thomson Reuters today announced that it has signed a definitive agreement 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. 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.”

via MarketWatch

One Response to “Thomson Reuters to Acquire Practical Law Company”

  1. FinnH
    January 17, 2013 at 4:13 pm #

    Interestingly, the OFT have announced their investigation of this deal today – http://www.oft.gov.uk/OFTwork/mergers/Mergers_Cases/2013/ThomsonReuters

    Wonder if they will see this as good or bad for competition in the legal information market?

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