Reed Elsevier's ChoicePoint acquisition cleared

LONDON (Reuters) - Anglo-Dutch publisher Reed Elsevier (REL.L) said on Tuesday it had received regulatory clearance from the U.S. Federal Trade Commission for its proposed $4.1 billion (2.28 billion pounds) acquisition of ChoicePoint CPS.N.

In order to expedite regulatory clearance, ChoicePoint has agreed to sell its U.S. public records business serving the government sector, which last year generated revenues of $23 million, to Thomson Reuters TRIL.L (TRI.TO). The financial terms of that transaction were not disclosed.

(Reporting by Matthew Scuffham; Editing by Rory Channing)