The Sunday Times reports that Hugo Dixon is in ‘advanced talks’ to sell Breakingviews.com to Thomson Reuters – for a reported £10 million.
Dixon, former Lex editor at the Financial Times, co-founded the online financial analysis site in 1999 and could receive £2.7 million if the deal goes through. The other founder, Jonathan Ford, left in 2007 and has no remaining shares, according to the Sunday Times.