Either outcome is risky for TR here. They're a very respected news publisher, so if they start colluding in fraud that would damage all their other business. If they take it seriously and don't produce results they'll get reprisals. I suspect they'll dig up every random voter registration paperwork error they can find and hand that over, while trying not to have their name tied to bigger conspiracy theories.
They're not a news publisher. Not exactly anyway. They are a huge conglomerate and Reuters is just one division - and a recent addition at that. TR is probably more known for legaltech, Westlaw and ancillary kind of stuff that ends up spilling over into other industries like tax and accounting. They also have a large government division, which presumably will take on this project. Their bread and butter is enterprise tech, consolidated public data and research tools. That's sort of where the news fits in. It's just another data source.