@ FOBM: Reuters Q&A: Juggling Cultures In The Year The Dam Broke
From our sister site paidContent.org—Reuters (NSDQ: RTRSY) COO Devin Wenig (the proposed CEO of the amalgamated Thomson-Reuters) shared some interesting thoughts on the current merger process and the next generation of business media data at our Future Of Business Media conference in New York.
Amongst the highlights, Wenig said European Commission approval for the merger is “taking more time than we might like”; accommodating Thomson’s (NYSE: TOC) culture is “a juggling act”; Reuters doesn’t expect to follow the AP, PA and AFP in to a Google (NSDQ: GOOG) News direct publishing deal and the company is about to announce some innovations in “data concordance” that will lead to “the holy grail” of “the professional internet”. Get the detail over on paidContent.org...
Related StoriesPosted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Reuters, fobm
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Sep 2, 2008 2:45 AM
The merger is the way in hiding Reuters executives misconduct and misbehavior as well.
Devin Wenig is one of the corrupt Reuters officer by his questionable stock options.
Reuters corporate malfeasance will be transferred to Thomson Reuters.