• 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)



More from Reuters

Gulf to keep spending high in 2010 as oil prices up

DUBAI (Reuters) - Gulf Arab states are likely to keep their large spending packages in place next year, even as major economies withdraw stimulus, as higher oil prices give the world's top oil exporting region enough room to support a fragile recovery.

A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Two men shake hands in a file photo.    REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article