Thomson Reuters Acquires Casetext for $650 Million
June 29, 2023
Thomson Reuters signed a definitive agreement to acquire Casetext, a California-based provider of AI-powered legal technology, for $650 million in cash. The deal is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions.
- Buyers
- Thomson Reuters Corporation
- Targets
- Casetext
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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