TORONTO—The board of Thomson Reuters Corp. recently pressed ahead with plans to sell a piece of its business to Blackstone Group LP for $17 billion despite its chairman’s concerns that directors had failed to seek a higher price or consider other potential buyers, people close to the deal said. David Thomson, who is board chairman and grandson of Roy Thomson, the founder of the family empire, began airing his objections to other directors after the board started to review Blackstone’s offer in November, but most of them disagreed,...

Source: Wall Street Journal February 15, 2018 11:00 UTC