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Weekly News Digest

August 12, 2021 — 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 Plans Later Deadline for ProQuest Acquisition to Accommodate FTC Probe

Gary Price shares a Law360 article via INFOdocket that discusses a delay of the Clarivate acquisition of ProQuest. It states, “Clarivate PLC said [Aug. 9] it was pushing back the deadline for its planned $5.3 billion buyout of ProQuest because of an in-depth Federal Trade Commission [FTC] probe and will rework part of the [deal’s] financing as a result of the delay. … Although the Company hopes to be in a position to complete the proposed Acquisition in the second half of 2021, the Company and the Seller Group each have the option to extend the new outside date to April 29, 2022.”

For more information, read the blog post.



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

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