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Weekly News Digest
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October 6, 2016 — 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 ITI’s Twitter account: @ITINewsBreaks.
CLICK HERE to view more Weekly News Digest items.
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Thomson Reuters Closes Sale of Its Intellectual Property & Science Business
Thomson Reuters closed the sale of its Intellectual Property & Science business to Onex and Baring Private Equity Asia. They paid $3.55 billion in cash, about $1 billion of which Thomson Reuters plans to use to buy back shares and pay off some debt. This closing means the company is currently organized into three business units—Financial & Risk, Legal, and Tax & Accounting—in addition to Reuters. For more information, read the press release.
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Brandi Scardilli
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