Thomson-Reuters Buying Breakingviews.com - Henry Blodget

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Thomson-Reuters Buying Breakingviews.com
Sep 21, 2009 12:35 PM UTC

Henry Blodget

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Via Silicon Alley Insider:

Thomson-Reuters (TRI) will extend its analysis and commentary offerings by acquiring Breakingviews.com, The Sunday Times reports. Thomson-Reuters will pay £10 million ($16 million) for the company.

Breakingviews is a subscription based analysis service, with columns syndicated in The New York Times, Le Monde, El Pais and Handelsblatt. It has around 4.5 million readers. It's European operations are said to be profitable, but it is losing money elsewhere.

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