London, UK, May 17, 2021—Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a definitive agreement to acquire ProQuest, a leading global software, data and analytics provider to academic, research and national institutions, from Cambridge Information Group, a family-owned investment firm, and other partners including Atairos, for $5.3 billion, including refinancing of ProQuest debt. The consideration for the acquisition is approximately $4.0 billion in cash and $1.3 billion of equity. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close during the third quarter of 2021.
University of Michigan
Perch: Indeed.com for Research Labs Launches with Major Universities
When students search for jobs as assistants in research labs, the process is awkward and disorganized. Most labs only post high-level overviews of their research online, so it can be difficult to connect with the right opportunity and find a lab or researcher that wants to take on students, not to mention knowing whether the…