Tuesday, 14 July 2009

Breakingviews News

I see that The Times has followed my Friday tale about online commentary service, Breakingviews, being on the block (and indeed, deputy business ed, Ian King, has taken it on a bit further).
"Thomson Reuters, the financial information group, is in preliminary talks to buy Breakingviews.com," King reports, before adding: "Breakingviews.com is understood to have appointed Perella Weinberg Partners, the corporate boutique, to advise on a possible transaction".
Quite why (having spent a fortune developing an analysis service of its own) Thomson Reuters would want to buy one, is a question that remains unanswered. However, a small clue may be sitting on the blog of Thomson Reuters boss, Tom Glocer.
On it he lists his favourite online news sources and right behind the obligatory Reuters reference comes (you've guessed it) Breakingviews.

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