MasterCard Advisors(TM), a subsidiary of MasterCard International, today announced the acquisition of TowerGroup from Reuters. MasterCard Advisors is a global professional services organization, offering consulting, research, outsourcing and information products and services.
The acquisition is part of Advisors' strategy to deepen and strengthen its research expertise and to provide clients with best-in-class advisory research across the financial services industry. The divestiture of TowerGroup from Reuters' portfolio is consistent with Reuters' increasing focus on its core business.
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