Reuters’ patent and trademark business could fetch $3B

thomsonThomson Reuters Corp. (TRI) could fetch nearly $3 billion for its Intellectual Property & Science business from either a strategic or financial buyer, according to company followers, as the information giant explores options for the division in an effort to hone its focus on financial and legal services.

Thomson Reuters announced Wednesday that it is exploring strategic alternatives for its Intellectual Property & Science unit, which offers patent and trademark services, and has retained Guggenheim Securities LLC and J.P. Morgan as its advisers for the review.

For the full story read The Deal and for the press release click here

Related Post