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Thomson to buy Reuters for $17.2 billion

Topic: Technology News

Posted on Tue, 15 May 2007 07:12:37 CDT | by Luigi Lugmayr

Thomson to buy Reuters for $17.2 billion

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Canadian publisher Thomson Corp. has agreed to buy Reuters for about $17.2 billion.

The Reuters Founders Share Company agreed to the deal. Now the only thing that stands between the finalization of the deal is regulatory clearance and shareholder approval. The new Thomson-Reuters company will have revenues of about $12 billion and almost 49,000 employees.
Via Reuters.


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Posted on Tue, 15 May 2007 07:12:37 CDT | by Luigi Lugmayr

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