Needless to say, I will follow up later with more musings on this latest legal merger.
Risk, value, strategy, innovation, knowledge and the legal profession.
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Today Thomson Reuters and Lexis Nexis released almost simultaneous announcements that they were acquiring specialty legal information companies.
TR announced the acquisition of PLC Practical Law Company and Lexis Nexis announced the acquisition of Knowledge Mosaic. Today’s post will focus on the TR/PLC deal.
TR and PLC
PLC is a private company based in the
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Since thirteen or fourteen years is an eternity in the world of business cycles, here is a bit of history for the young ‘uns about an earlier merger/purchase. In 1998, at about the time of the Frankfurt Book Fair (early-mid October), Wolters Kluwer and Reed Elsevier announced a merger. This was pretty shocking news to
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Back in September I posted a survey asking readers to vote for the best and worst mergers in the legal publishing industry. This was not a scientific survey nor did I have a way to guarantee against participation by employees of vendors themselves.…