KMWorld CRM Media Streaming Media Faulkner Speech Technology Unisphere/DBTA
Other ITI Websites
American Library Directory Boardwalk Empire Database Trends and Applications DestinationCRM EContentMag Faulkner Information Services Fulltext Sources Online InfoToday Europe Internet@Schools Intranets Today KMWorld Library Resource Literary Market Place OnlineVideo.net Plexus Publishing Smart Customer Service Speech Technology Streaming Media Streaming Media Europe Streaming Media Producer Unisphere Research



News & Events > NewsBreaks
 



Back Index Forward
Twitter RSS Feed
Weekly News Digest

January 15, 2019 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Clarivate Analytics Is Merging With Churchill Capital Corp

Clarivate Analytics announced that it has entered into a definitive agreement to merge with the Churchill Capital Corp public investment vehicle. According to the blog post, “The combined company will operate as Clarivate and will become publicly listed on the New York Stock Exchange. The transaction implies an initial enterprise value of approximately $4.2 billion with a multiple of approximately 12.5x Clarivate’s estimated 2019 Standalone Adjusted EBITDA before synergies at the time of close.”

Churchill’s CEO, Jerre Stead, will become executive chairman of the combined company. “Clarivate’s existing management team, led by CEO Jay Nadler and CFO Richard Hanks, will continue to lead the business,” the blog post notes.

Nadler says, in part, “This is an exciting milestone in Clarivate’s evolution that will open a wide range of future growth opportunities for the business and allow us to further invest in the brightest minds, game changing data science, and robust technologies.”

For more information, read the blog post.



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

Related Articles

9/18/2018Wiley and Clarivate Analytics Redesign the Peer Review Process
10/9/2018Clarivate Analytics and UNSILO Work on AI for Scholarly Publishing
10/25/2018Clarivate Analytics and the Chinese Academy of Science Highlight Top Research Areas
11/1/2018Clarivate Analytics Buys TrademarkVision
11/29/2018Clarivate Analytics Rolls Out 2018 Highly Cited Researchers List
1/29/2019The Egyptian Knowledge Bank Taps Clarivate Analytics Tool to Manage the Countryís Research
1/31/2019The Institute for Scientific Information Unveils First Global Research Report


Comments Add A Comment

              Back to top