Guggenheim Securities, LLC (lead), TD Securities Inc., and Centerview Partners LLC are serving as advisors to Thomson Reuters.

In its statement, Thomson Reuters and the Thomson Reuters Founders Share Co, which has overseen Reuters' editorial independence since the company was first publicly listed in the 1980s, cited "consequential modifications" to what it described as the Trust Principles "arrangements".

Canson Capital Partners, Bank of America's Merrill Lynch, Citigroup and JP Morgan were financial advisers to the Blackstone-led consortium, with Simpson Thacher & Bartlett LLP providing legal advice.

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