Thread regarding Thomson Reuters layoffs

RUMORS ABOUT SALE OF TR LEGAL?

if you have heard anything, please post.

by
| 4610 views | | 9 replies (last December 6, 2018) | Reply
Post ID: @OP+WhAn8Md

9 replies (most recent on top)

I don't know how we would keep law. Lexis was always cheaper. All of a sudden they are rolling out new products like they are a real company. If they actually do have a product, we are going to have to cut our prices big time to compete.

by
| | Reply
Post ID: @dueh+WhAn8Md

Dear fellow bloggers. Please stop referring us ANONYMOUS bloggers to connect Lillian Lee on every thread. This is really annoying. Just let people vent and share.

by
| | Reply
Post ID: @2ouw+WhAn8Md

Seeing the playbook TR has followed for years it is more likely it sells something like LMS, Findlaw, Print, TRSS, Clear or any other easy carve out operation to a strategic (Big 4 / Lexis). The sale of a large BU (Healthcare, IP&S, F&R, etc.) would likely go through PE first to be sliced and diced before selling parts to a strategic. This happened to Healthcare, bought by PE and later sold to IBM Watson. TR is driven by finance and has a very cookie cutter approach to deals. What makes you think they will change this MO? Also, the sale of a large BU to PE would help speed along regulatory approvals which would be harder to clear as soon as Lexis or WK is involved. The TR Legal to Lexis rumor is clearly false.

by
| | Reply
Post ID: @2cez+WhAn8Md

Not a chance Lexus could absorb legal and not be considered a monopoly. That would be like Apple and Microsoft merging

by
| | Reply
Post ID: @2vsa+WhAn8Md

FRM - Is this being sold?

by
| | Reply
Post ID: @1cwg+WhAn8Md

I don’t think this is spreading rumors at all.

It is the company’s fault employees having to guess what will happen.

by
| | Reply
Post ID: @1sdm+WhAn8Md

Spreading unsubstantiated rumors is not helpful. Why would this even make sense?

by
| | Reply
Post ID: @lhq+WhAn8Md

@WhAn8Md-icr Q1 of 2019? Wouldn't we have been told ahead of time like FRM?

by
| | Reply
Post ID: @ukb+WhAn8Md

I have it on very good authority that it's being sold the Lexis shortly. Q1.

by
| | Reply
Post ID: @icr+WhAn8Md

Post a reply

: