Thomson Reuters to sell FindLaw business to Internet Brands (Oct 3)-March 2024-www.financetom.com

Thomson Reuters to sell FindLaw business to Internet Brands (Oct 3)

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Thomson Reuters to sell FindLaw business to Internet Brands (Oct 3)

Oct 11, 2024 12:06 AM

Oct 3 (Reuters) - Thomson Reuters ( TRI ) said

on Thursday that it was selling its FindLaw business to Internet

Brands.

FindLaw provides online legal information and resources such

as legal news, blogs, and state and federal laws.

Thomson Reuters ( TRI ), which owns Reuters News, and Internet

Brands did not immediately respond to requests for details on

the deal value.

FindLaw's growth rate has lagged other parts of Thomson

Reuters' ( TRI ) legal business, which includes WestLaw and Practical

Law, the company has said in recent quarters.

The deal is expected to close in the fourth quarter, pending

regulatory approvals.

Internet Brands owns several online businesses, including

WebMD, Medscape and CarsDirect.

(Reporting by Akash Sriram in Bengaluru; Editing by Alan Barona

and Anil D'Silva)

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