M&A Deal Summary

Reuters Group and Dow Jones & Co. Acquire Factiva

On May 18, 1999, Reuters Group and Dow Jones & Co. acquired information services company Factiva

Acquisition Highlights
  • This is Reuters Group’s 1st and Dow Jones & Co.’s 1st transaction in the Information Services sector.
  • This is Reuters Group’s 1st and Dow Jones & Co.’s 1st transaction in the United States.
  • This is Reuters Group’s 1st and Dow Jones & Co.’s 1st transaction in New York.

M&A Deal Summary

Date 1999-05-18
Target Factiva
Sector Information Services
Buyer(s) Reuters Group
Dow Jones & Co.
Deal Type Joint Venture

Target

Factiva

New York, New York, United States
Factiva is a provider of global business content, research products and services to global enterprises mainly in the finance, corporate, professional services and government sectors. It is headquartered in New York, NY, and has substantial business operations in Princeton, NJ.

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Buyer(S) 2

Buyer

Reuters Group

London, United Kingdom

Category Company
Sector Information Services
DESCRIPTION

Reuters is a global provider of financial information.


DEAL STATS #
Overall 1 of 1
Sector: Information Services M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-29 Radianz Americas

New York, New York, United States

Radianz is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company's shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain.

Sell $175M
Buyer

Dow Jones & Co.

New York, New York, United States

Category Company
Founded 1882
Sector Information Services
Revenue 1.5B USD (2009)
DESCRIPTION
Dow Jones news ticker in Times Square.
Dow Jones news ticker in Times Square.

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced content for more than 130 years and today has one of the largest newsgathering operations globally. It produces publications and products including the Wall Street Journal, Factiva, Barron’s, MarketWatch, Financial News, DJX, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones VentureSource. Dow Jones was formed in 1882 and is based in New York City.


DEAL STATS #
Overall 1 of 10
Sector: Information Services M&A 1 of 4
Type: Joint Venture M&A Deals 1 of 1
State: New York M&A 1 of 2
Country: United States M&A 1 of 4
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-15 MarketWatch

San Francisco, California, United States

MarketWatch is provider of financial news and information. The Company was in founded in 1997 and operates two destination sites, CBS.MarketWatch.com and BigCharts.com.

Buy $520M