• Most Popular
  • Most Shared

Thomson says Reuters takeover to close April 17

TORONTO
Fri Feb 29, 2008 11:37am EST
The Reuters' logo is seen in this file photo in the Reuters headquarters in London's Canary Wharf financial district May 15, 2007. Electronic publisher Thomson said on Friday its takeover of financial data and news provider Reuters Group has now received all required antitrust and regulatory clearances and is expected to close on April 17. REUTERS/Luke MacGregor

TORONTO (Reuters) - Electronic publisher Thomson TOC.TOTOC.N said on Friday its takeover of financial data and news provider Reuters Group RTR.L has now received all required antitrust and regulatory clearances and is expected to close on April 17.

Stocks  |  Mergers & Acquisitions  |  Bonds

Shareholders of both companies will vote on the deal at meetings on March 26 in London and Toronto, Thomson said.

(Reporters and editors involved in writing and editing this report may own Reuters securities and are bound by the Reuters Code of Conduct, which restricts dealing in securities in companies on which a journalist is reporting)

(Reporting by Wojtek Dabrowski; editing by Renato Andrade)
Stocks
Mergers & Acquisitions
Bonds


More from Reuters

Photo

Strong U.S. retail sales rise boosts recovery hopes

WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in November as consumers stepped up spending on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

» More Top News
A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar
EXCLUSIVE:

PIMCO finds its calling

It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

Funds
Kenneth Feinberg, special master of executive compensation in the Troubled Asset Relief Program at the Treasury, speaks in Washington November 2, 2009. REUTERS/Joshua Roberts

Pay cuts, round two

The six firms still under pay czar Ken Feinberg's authority are girding for the impact of the next round of compensation rulings.  Full Article 

Executive compensation