* Thomson Reuters and KKR announced a joint venture for Thomson Reuters' global print business. * Thomson Reuters will sell a 51% stake in the global print business to KKR. * The company will receive **$500 million** in gross proceeds and retain a 49% equity interest in the joint venture with KKR. * Thomson Reuters will maintain intellectual property rights and full editorial control over its content portfolio. * The company will provide certain financial support for a minimum return to KKR on its investment in the joint venture. * The new joint venture will hold an exclusive license to distribute content in print and on ProView, Global Print's ebook platform.
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