Thomson Reuters Makes ACQUISITION and 1 Hot Stock on the Move
Duke Energy Corp (NYSE:DUK) CEO Jim Rogers is scheduled to testify in front of North Carolina regulators regarding the issues last week at the utility’s executive suite. Shares of Duke Energy Corp are trading 1.30% lower today.
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FX Alliance Inc (NYSE:FX): Thomson Reuters (NYSE:TRI) has entered into a definitive agreement under which it will acquire all FXall shares in cash for $22 per share. FXall is the head independent global provider of electronic foreign exchange trading solutions for corporations as well as asset managers. Beneath this agreement, Thomson Reuters will indicate a tender offer, subject to normal regulatory approvals, for the acquisition within the next few days. Unanimously, the FXall Board decided to recommend all shareholders tender their shares into the offer, and Thomson Reuters believes all acquisitions should close in Q3. FXall is still completely committed to providing a seamless transition and constant service quality for its customers. Shares of FX Alliance Inc are trading 40.06% higher today.
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