Thomson Reuters Corporation (TSX:TRI) entered into definitive agreement to acquire Casetext, Inc. for approximately $650 million on June 26, 2023. The closing of the transaction is subject to specified regulatory approvals and customary closing conditions and is anticipated to occur in the second half of 2023. As per filing on August 2, 2023, Thomson Reuters expects the acquisition to close by the end of 2023. Purchase price of $650 million, all cash, funded by proceeds from recent sales in London Stock Exchange stake. John Bautista, Mark Seneca, Zac Padgett, Michael Y. Yang, Steven Malvey, Ramin Tohidi, Jennifer Criss, Sulina Gabale, Shannon Yavorsky, Craig Falls, Anna Aryankalayil, Kristin Petersen, Elizabeth Zane, Ramon Galvan, James Larkin and Jacob M. Heath of Orrick, Herrington & Sutcliffe LLP acted as legal advisors to Casetext, Inc.
Thomson Reuters Corporation (TSX:TRI) completed the acquisition of Casetext, Inc. on August 17, 2023.
Thomson Reuters Corporation completed the acquisition of Casetext, Inc.
August 16, 2023
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