Thomson Reuters buys Mideast business site Zawya

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DUBAI, United Arab Emirates (AP) — News and data company Thomson Reuters Corp. said Monday it has bought Mideast online business information provider Zawya, the latest regional Internet property to be snapped up by overseas investors.

New York-based Thomson Reuters acquired Zawya from a group of shareholders led by Saffar Holdings, a privately held financial service and investment company in Dubai. Saffar confirmed the deal.

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