Stocks in play: Thomson Reuters Corp
Announced today it has closed on its previously announced acquisition of SurePrep, LLC, a US-based leader in 1040 tax automation software and services. On November 11, 2022, Thomson Reuters announced that it had reached a definitive agreement to acquire SurePrep for $500 million in cash. With a consumer-grade mobile friendly design, SurePrep leverages artificial intelligence to automate the collection of digital documents directly from clients and the processing of those documents. Its products and solutions, including 1040SCAN, SPbinder and TaxCaddy, are used by over 23,000 tax professionals at CPA firms, wealth management firms and others. Thomson Reuters Corp shares T.TRI are trading up $2.31 at $156.77.
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