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.
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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.
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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.