Thomson To Buy Reuters For $17.2 Billion

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


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Thomson to buy Reuters for $17.2 billion

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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Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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