The parent company of Westlaw, Thomson Corp., has just bought a 51% stake (at a reported cost of $17.2 billiion) in Reuters, which heretofore only allowed any one individual owner to hold no more than a 15% ownership interest.


Be on the lookout for Lexis’s pending acquisition of the AP.

*** UPDATE ***

EU antitrust regulators have approved the acquisition of Reuters, provided that Thomson Corp. sells off its financial databases. Will this limitation on the databases Westlaw can potentially provide be a boon to Lexis afficionados?

Thx to, well naturally, Reuters