Thomson Reuters selling two businesses




Thomson Reuters is selling its investor and public relations units to Nasdaq OMX in a $390 million cash deal,

the

Financial Times

reported.

The deal is expected to close in the first half of 2013.

Thomson Reuters plans to divest several non-core businesses in light of falling operating profits and competition from Bloomberg and FactSet, the

FT

report noted. (Source:

Financial Times,

Dec. 12, 2012.)

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