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Nasdaq to buy Thomson Reuters marketing units

Published on .

New York—Financial services and stock exchange company Nasdaq OMX Group has agreed to acquire for $390 million the investor relations, public relations and multimedia solutions units of business data provider Thomson Reuters. Nasdaq, which owns and runs the Nasdaq stock exchange as well as eight stock exchanges in Europe, will add the units to its corporate solutions division to enhance its market intelligence and communications services to its listing and corporate clients, the company said in a statement. The Thomson Reuters units include custom media analysis and measurement, and delivers more than 18,000 webcasts and online videos per year, Nasdaq said. The units bring more than 7,000 customers in 60 countries to the company.
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