LSE's purchase of Refinitiv is set to close in early 2021. The more I research the two companies, the more i'm convinced this deal is a global game-changer in the exchange & data business. A thread to explain:pic.twitter.com/dPAktVvg7l
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TLDR: Don't overlook the LSE Refinitiv deal. Just because it's taking a long time to close doesn't mean the industry impact isn't huge. LSE is buying a crown jewel in Refinitiv, and the benefits of combination should make competitors sweat.
Sources: https://www.lseg.com/sites/default/files/content/documents/LSEG%20Annual%20Report%2031%20December%202019.pdf … https://www.wallstreetprep.com/knowledge/bloomberg-vs-capital-iq-vs-factset-vs-thomson-reuters-eikon/ … https://ir.thomsonreuters.com/static-files/dd5b380d-7e0e-4316-b693-bec293daaece …
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