The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash
LawSites
JUNE 26, 2023
Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true. Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash. “The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to invest more than $100 million annually on AI capabilities, the development of new generative AI experiences across its p
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