In the middle of announcements of Thomson divestitures came the news of its planned acquisition of Reuters Group, plc for $17.2 billion. If approved by regulators, the deal will close at the end of 3Q 2007. Reuters will be merged with Thomson to create Thomson-Reuters Corp., ...
TORONTO, Sept. 18 /PRNewswire/ -- The Woodbridge Company Limited, the controlling shareholder of Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), today announced that it has made a Canadian regulatory filing that would permit it to undertake transactions providing for sales of up to 10 million Thomson...
Twenty-one "Thomson Reuters Citation Laureates" Recognized for Their Contributions to the Advancement of Science PHILADELPHIA and LONDON, Oct. 1 /PRNewswire/ -- The Scientific business of Thomson Reuters today announced the 2008 Thomson Reuters Citation Laureates -- researchers likely to be in contention for Nobel honors -- in anticipation...
According to the terms of the transaction in which Thomson will acquire Reuters in a deal valued at $17.2 billion, the Woodbridge family holding company that controls 70% of Thomson has agreed to exchange its stake in Thomson for a 53% controlling interest in the new Thomson-Reuters entity. The deal...
NEW YORK, Sept. 2 /PRNewswire/ -- Thomson Reuters today announced the re-launch of Reuters Deals, a redesigned and innovative channel on Reuters.com that drives professional grade data and information to business executive decision-makers on a 24/7 cycle. As the global destination for influential corporate leaders, deal-makers and business...
LONDON AFP — Thomson Corp., the world's third-biggest provider of financial news and data, prepared on Tuesday a bid of 8.77 billion pounds for larger rival Reuters in a sector seen as ripe for a mega deal. A takeover, which would be worth the equivalent of 12.86 billion euros...
LONDON -- Reuters CEO Tom Glocer will lead the combined company if Thomson Corp. succeeds in its $17.5 billion bid for Reuters Group PLC, creating the world's biggest financial news and information provider. A combined Thomson-Reuters -- the name proposed by Thomson -- would have a market capitalization...
LONDON AFP — Britain-based reporters at the Thomson Financial News wire service will vote on whether to strike over changes to working conditions after the creation of parent group Thomson Reuters, the main journalists' trade union said Tuesday. Thomson Reuters, a new leading provider of financial data, grew out...
NEW YORK -- WHO: Tom Glocer, CEO of Thomson Reuters WHAT: The Thomson Corporation announced that it has completed its acquisition of Reuters Group PLC, forming Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL: NASDAQ: TRIN), the world's leading source of intelligent information to businesses and professionals in the...
LONDON AFP — Canadian group Thomson Corp. is to buy Reuters for 8.7 billion pounds under a deal on Tuesday to create the world's biggest provider of financial data to trading rooms. The takeover, pitched at 12.8 billion euros or 17.2 billion dollars, would elevate Thomson-Reuters above industry leader...
A done deal? Not yet by the look yesterday of the Reuters share price, which trails the seethrough value of the offer mooted by Thomson Corp by some distance. This reflects not so much concerns about the Reuters Share Foundation Company, which could theoretically block the deal on grounds of...
HARTFORD, Conn. -- The Thomson Corp., which has proposed paying more than $17 billion for British financial news provider Reuters Group PLC, freed up cash Friday by announcing that it agreed to sell education and publishing-related properties for $7.75 billion. The agreement to sell Thomson Learning to two...
Business News IN BRIEF *Thomson Corporation's takeover of Reuters was given the go- ahead by both sets of shareholders yesterday. The 8.7bn transaction forming Thomson Reuters plc - to be listed in the UK - will be completed on 17 April and create the world's biggest financial information...
LONDON -- Thomson won approval Tuesday for its $17.6 billion takeover of Reuters from the British company's editorial watchdog, but the deal now faces intense scrutiny from antitrust regulators and unions unhappy about expected job cuts. The renamed Thomson-Reuters Corp. would reduce the number of major companies...
LONDON -- Thomson won approval Tuesday for its $17.6 billion takeover of Reuters from the British company's editorial watchdog, but the deal now faces intense scrutiny from antitrust regulators and unions unhappy about expected job cuts. The renamed Thomson-Reuters Corp. would reduce the number of major companies providing...
The United States District Court for the Southern District of New York today entered judgment in favor of FaceTime Communications, Inc. in a contract dispute with Thomson Reuters Inc. over Reuters' use of FaceTime's intellectual property. According to the court, Thomson Reuters must cease use of FaceTime technology...
In the last few years, Thomson Reuters, which tacked on the name Reuters from its most recent acquisition, has dramatically increased it education line. The company pulled the well-known MicroMash operations out of the former Thomson Learning, while acquiring Audit Watch, Bell Learning and Pass Online, the latter purchased...
TELECOMWORLDWIRE-6 May 2008-BT signs eight year WAN outsourcing agreement with Thomson ReutersC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com An eight year outsourcing agreement has been signed by communications solutions and services provider British Telecommunications plc BT with Thomson Reuters, a provider of workflow solutions, to manage the wide area network WAN...
CHICAGO -- Fitch Ratings has initiated coverage of Thomson Reuters Corp. TRI with an 'A-' Issuer Default Rating IDR. Reuters Group Limited's formerly Reuters Group PLC IDR has been upgraded to 'A-' from 'BBB+' and Reuters Finance PLC has been assigned an IDR of 'A-'. The Rating Outlook for each...
WASHINGTON, May 14 /PRNewswire/ -- A transatlantic alliance of unions representing employees at Reuters Group Plc (Nasdaq: RTRSY) (London: RTR) on Monday urged a powerful trust to closely scrutinize the company's proposed merger with Thomson Corp. (NYSE: TOC; Toronto) to ensure that...
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