Rafat Ali
Apr 8, 2008 4:26 PM
Thomson (NYSE: TOC) will change its name and ticker symbols once its $16.2 billion acquisition of Reuters Group (NSDQ: RTRSY) closes on April 17. The new entity will have two parent companies: —One will be based in Ontario, Canada, called Thomson Reuters Corp. Its shares will trade on the NYSE…
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Companies, Reuters, thomson
Pearl Research
Mar 19, 2008 10:01 AM
Reuters (NSDQ: RTRSY) has acquired a minority stake in ChinaWeb, the parent company of Chinese financial information portal Hexun. Founded in 1996, Hexun is now one of China’s largest financial information portals with 50 million monthly unique visitors and 670 million page views per month. Financial terms of the all-cash…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Companies, Reuters, Countries, Asia, China, hexun, thomson
Robert Andrews
Feb 7, 2008 7:39 AM
The Reuters (NSDQ: RTRSY) acquisition can’t come soon enough. Thomson (NYSE: TOC) reported full-year 2007 operating profit was up four percent to $1.3 billion on 11 percent better revenue of $7.3 billion, but operating profit in the final quarter dropped to three percent despite 10 percent better revenues of $2…
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Money, Earnings, thomson
Rafat Ali
Feb 5, 2008 12:13 PM
Thomson (NYSE: TOC), which is in the process of buying info giant Reuters (NSDQ: RTRSY), has done a rethink on using the Reuters branding for all their merged market data operations, and now will instead call the new financial division Thomson Reuters Markets. This is being seen as a sign…
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Companies, Reuters, thomson
Rafat Ali
Jan 14, 2008 11:22 AM
Reuters (NYSE: TRI) and Thomson issued a joint statement today saying the $17 billion merger deal should receive regulatory clearance early in Q2 this year, a slight delay from the earlier planned mid-of-Q1 clearance. They said that the U.S. Department of Justice, which had been due to announce its decision…
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Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Reuters, Countries, Europe, thomson
Joseph Weisenthal
Dec 5, 2007 3:55 PM
The merger of Thomson (NYSE: TOC) and Reuters (NSDQ: RTRSY) is on track, but for now, Thomson is a standalone entity, so the Thomson business dominated Robert Daleo’s presentation to the UBS Global Media & Communications Conference. After an extensive overview of the Thomson business, from both a financial and…
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Companies, Reuters, robert daleo, thomson
Rafat Ali
Dec 4, 2007 12:53 AM
The murmurs started late summer: if Reuters (NSDQ: RTRSY) is affected by credit crisis in Europe and the U.S., then Thomson’s (NYSE: TOC) already “pricey price” for Reuters might look more even more exorbitant now. WSJ does an analysis of the current thinking among analysts and other buyers of Reuters’…
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Companies, Reuters, thomson
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