Thomson Reuters says exploring options for IP & Science business

Wed Nov 11, 2015 8:10am EST
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Nov 11 (Reuters) - Thomson Reuters Corp said it was exploring strategic options for its Intellectual Property & Science business.

The business had revenue of about $1 billion in 2014.

The company said it planned to use any net proceeds from a potential transaction for general corporate purposes, including investing in its core businesses, repaying debt and accelerating share buybacks. (Reporting by Supantha Mukherjee in Bengaluru; Editing by Ted Kerr)