Thomson Reuters

This looks like a job for … Super Lawyers!

By GREGORY ZELLER // A bevy of Long Island attorneys representing a host of regional firms and numerous practice areas has landed on the 2018 Super Lawyers list. The list – which includes both “Super Lawyers” and “Rising Stars” in various fields of law – is based on a “patented multiphase selection process” involving peer nominations and evaluations and “independent research,” according to Canadian multinational mass-media and information firm Thomson Reuters. Thomason Reuters released its…

Thomson-Reuters to shed IP-science division

Thomson-Reuters has agreed to sell its giant Philadelphia-based Intellectual Property & Science business to a group of private-equity firms based in the U.K. and Canada. The division, which has almost 3.500 employees and 75 offices in 40 countries, will go for $3.55 billion in cash. The buyers include Onex Partners, a Toronto firm with $6 billion invested worldwide, and Baring Private Equity Asia, which has $10 billion invested in management buyouts and other deals in…

Thomson Reuters eyeing an exit?

News and information giant Thomson Reuters has turned down an allocation of low-cost electricity from the state’s ReCharge NY program that would have lowered operating costs at the company’s Hauppauge data center. The power subsidy was part of a state aid package supporting a proposed $5 million revamp of the facility, including upgrades to cooling systems and generators. It was unclear if the company planned to move forward with the project or even stay on Long Island….