Federal Trade Commission (the “FTC”) on notified ChoicePoint Inc. that, subject to the FTC’s Order of September 15, 2008, the FTC has granted termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended, with respect to the proposed acquisition of ChoicePoint by Reed Elsevier Group plc (“Reed Elsevier”).  All of the closing conditions as described in the Agreement and Plan of Merger, dated February 20, 2008, among ChoicePoint, Reed Elsevier and Deuce Acquisition Inc. have been satisfied or are expected to be satisfied by the closing.   Source: http://www.choicepoint.com/
LEXISNEXIS TRANSFORMATION TO ACCELERATE WITH CHOICEPOINT
LexisNexis® outlined its vision for the integration of ChoicePoint® as part of its transformation, following the recent completion of the $4.1 billion purchase of ChoicePoint by LexisNexis’ parent company, Reed Elsevier. The integration of ChoicePoint represents a major milestone in LexisNexis’ transformation into the world’s leading provider of innovative, customized content, analytic and workflow solutions for legal and risk professionals.

ChoicePoint will become part of the LexisNexis Risk & Information Analytics Group. The combination catapults LexisNexis to a leadership position in the rapidly-growing global risk information market, already estimated to be worth $15 billion. The newly integrated business unit will also offer significant benefits to legal customers. The public records offered by LexisNexis will also provide an unsurpassed resource for both corporate and private practice legal professionals.  In conjunction with the integration of ChoicePoint LexisNexis announced Three Key Strategic Initiatives each developed and implemented in close collaboration with customers:   Deliver Tomorrow’s Risk Information Analytics Solutions with the Addition of ChoicePoint.  Help Legal Professionals Achieve Excellence in the Practice and Business of Law.  Rapidly Expand in Key International Markets: To read the full story click on:  http://www.lexisnexis.com or https://2018.biia.com/press.php

Source: LexisNexis Press Release

BIIA Newsletter October 2008 Issue