Media World: Thomson Reuters in talks to buy Breakingviews

Thomson Reuters Plc. (TRI) is in talks to acquire the commentary site Breakingviews.com for about £10 million ($16.2 million), according to the U.K.'s Sunday Times. The acquisition would bolster Reuters's growing footprint in financial commentary.

The company has created a team based primarily in New York and London to opine on the major financial news stories of the day. Among the well-known journalists who have joined the company over the past few months are Felix Salmon from Condé Nast Portfolio, BusinessWeek's Matthew Goldstein, and James Pethokoukis of U.S. News & World Report.