Thomson Reuters plans to acquire SurePrep in US$500 million deal

A Thomson Reuters office sign is shown in Boston, Thursday August 6, 2009. THE CANADIAN PRESS/AP-Eric J. Shelton

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TORONTO - Thomson Reuters Corporation says it has signed a deal to acquire U.S. company SurePrep, LLC, in a transaction worth US$500 million.

Under the terms of the agreement, Thomson Reuters plans to purchase the tax automation software and services company in cash in the first quarter of next year.

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