Latest deal
The latest deal see's Blackstone get 55% of F&R while 20 billion in cash and equivalants go to TRI. the market does not like the deal because the cash is going to share buy backs a lot of which the thompson family benefits from as their holding company sells share. IMO - Blackstone has huge financial muscle, know the business and exactly what they are doing and have what it takes to take F&R to the next level and increase profitability. TRI with its 45% stake gets to go along with the ride while it focusses on its other divisions.