Thomson Reuters To Acquire FX Alliance For $625M

by Benzinga Staff
July 9, 2012 6:39 AM | 19 seconds read | Make a Comment

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Thomson Reuters (NYSE: TRI) announced its plans to acquire FX Alliance (NYSE: FX) for around $625 million in cash.The offer price of $22 per share represents a premium of around 40% over Friday's closing price of $15.70. The deal is expected to close in the third quarter.Thomson Reuters shares closed at $28.47 on Friday, while FX Alliance shares closed at $15.70 on Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsM&Amerger and acquisition

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.