Key Developments: Thomson Reuters Corp (TRI.TO)
27 Nov 2015
Latest Key Developments (Source: Significant Developments)
Thomson Reuters:Says exploring strategic options for its intellectual property & science business.Says full-year 2015 consolidated results will include intellectual property & science's results.Says Vin Caraher has been appointed president of the intellectual property & science business, effective immediately.Says guggenheim securities, llc and j.p. morgan are acting as financial advisors to Thomson Reuters.Says Basil Moftah, formerly president of intellectual property & science, is leaving Thomson Reuters.Says to use proceeds from a potential deal to invest in its core businesses, repay debt and accelerate share buyback activity. Full Article
Thomson Reuters Corp:Reaffirms FY 2015 guidance communicated in February 2015.Sees positive organic revenue growth in FY 2015.FY 2015 revenue of $12.34 bln - Thomson Reuters I/B/E/S. Full Article
Diligent Corp:Has acquired all assets of BoardLink, a SaaS provider of board and leadership team collaboration solutions, from Thomson Reuters Corp.Diligent paid approximately $10.0 million in cash for the Thomson Reuters BoardLink business.District Capital Partners acted as exclusive financial advisor to Diligent in the transaction. Full Article
Thomson Reuters Corp:Announces that it has signed a definitive agreement to acquire BETA Global, a European wealth and investment transaction processing system, from Thomson Reuters.Says the acquisition is expected to close immediately.Says terms of the transaction were not disclosed. Full Article
Thomson Reuters Corp:Approved $0.02 per share annualized increase in dividend to $1.34 per share.Says quarterly dividend of $0.335 per share is payable on Sept 15 to common shareholders of record as of Aug. 20. Full Article
Thomson Reuters Corp:Re-affirmed its full-year business outlook for FY 2015, which was previously communicated in Feb.Says that the company continues to expect positive organic revenue growth for FY 2015.Says quarterly dividend of $0.335 per share is payable on Sept. 15, to common shareholders of record as of Aug. 20. Full Article
Marathon Patent Group's Subsidiary, Selene Communication Technologies, LLC, enters into settlement and license agreement with Thomson Reuters Inc.
Marathon Patent Group Inc:Marathon patent Group's subsidiary, Selene Communication Technologies, LLC, enters into settlement and license agreement with Thomson Reuters Inc.Consideration to be paid by Thomson Reuters Inc. to Selene and all other terms of the license agreement are confidential. Full Article
Broadridge Financial Solutions Inc to acquire Fiduciary Services and Competitive Intelligence Business from Thomson Reuters
Broadridge Financial Solutions Inc:To acquire Fiduciary Services and Competitive Intelligence Business from Thomson Reuters.Says terms of agreement were not disclosed.Acquisition is expected to close during Broadridge's fourth fiscal quarter. Full Article
Thomson Reuters Corp:Signs agreement with Present Value Training to expand its eLearning solutions for financial professionals facing increasing training requirements, starting in Asia. Full Article
Thomson Reuters Corp:Says it plans to repurchase up to an additional $1 bln of its common shares by end of 2016. Full Article
(Reuters Health) - Race appears to affect the odds that a child or teen with appendicitis, a painful condition requiring surgery, will get pain medication, particularly opioid medication, according to a new study.