The “simplification” of the corporate structure of the parent company of LexisNexis is now complete, it was announced Monday.
RELX Group’s previous dual parent company structure has been simplified to a single parent company, RELX PLC, the company said in a release Monday.
Dealings in new RELX PLC shares began Monday on the London Stock Exchange, Euronext Amsterdam and the New York Stock Exchange.
LexisNexis falls under the RELX Group corporate umbrella.
The online legal research company — whose lineage reaches back to Mead Data Corp. in the mid-1960s — has long said it has about 3,000 employees in Miami Twp.
In 2013, a company spokesman said the local LexisNexis campus had about 3,400 jobs. Company spokespeople have not responded to more recent queries about how many employees work there today.
The corporate simplification was first announced in February this year. “The simplification follows the significant measures which were completed in 2015 and is a natural next step for RELX Group, removing complexity and increasing transparency,” the company said this spring.
RELX has more than 30,000 employees worldwide. LexisNexis is based in New York.