Thomson Reuters acquires Highline Financial

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New York—Thomson Reuters announced it has acquired Austin, Texas-based Highline Financial, a provider of analytics for the U.S. banking industry, from its owner, Spire Capital Partners. Financial terms of the deal were not disclosed.

Thomson Reuters said the acquisition is part of its strategy to expand its offerings for the banking and capital markets sector. The company said that Highline's database, which contains 20 years of historical data on 20,000 financial institutions, will be available on Thomson Reuters Eikon, the company's new desktop, beginning next year.

The Jordan, Edmiston Group represented Highline Financial in the deal.

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