Thomson To Buy Reuters For $17.2 Billion

Posted: May 15 2007, 7:12am CDT | by , Updated: Aug 11 2010, 1:50am CDT, in News | Technology News


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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