Thomson Reuters to Acquire FXall
Thomson Reuters has entered into a definitive agreement to acquire 100 percent of shares in FX Alliance (FXall).
FXall is one of the leading platforms for electronic foreign exchange (FX) trading. Thomson Reuters will acquire the company at $22 per share, with a completion date expected in the third quarter.
Neither Thomson Reuters or FXall would officially comment on the deal when approached. However, speaking on background, a source within Thomson Reuters said that the company would assess
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