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LexisNexis to Acquire Law360


LexisNexis to Acquire Law360

Legal research service firm LexisNexis has announced that it will be acquiring Portfolio Media, which is the parent company of newswire Law360. LexisNexis is itself a subsidiary of Reed Elsevier Group, a British publishing company. In a press release that it released on Tuesday, the firm said that Law360 would continue to be run by its founders Marius Meland and Magnus Hoglund and also keep operating as a separate entity within the LexisNexis network. Simpson Thacher & Bartlett is advising LexisNexis on the deal.

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