Tuesday, February 09, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
French Data Protection Authority Says Facebook Should Stop Collecting Non-User Data
Verizon Expores Yahoo Deal Options: report
Kingston Buys USB Technology and Assets of IronKey from Imation
LG'S Flagship SIGNATURE OLED TV Now Available In The U.S.
Imagination Tech CEO Steps Down As Company Reports Losses
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > General Computing > Thomson...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, May 15, 2007
Thomson to Acquire Reuters


Canadian publisher Thomson Corp. has agreed to acquire British media giant Reuters Group Plc for 8.7 billion pounds ($17.23 billion) to become the world's largest financial information service provider, the two said Tuesday.

The combination of Thomson and Reuters will surpass Bloomberg L.P. of the United States that is currently the top player in the financial information service market.

The combined revenues of Thomson and Reuters totaled some $12 billion last year, with their employees numbering about 49,000.

The deal is part of a growing global realignment of media organizations affected by the worldwide diffusion of the Internet, while demand has grown for financial information services. In another move, media giant News Corp. has made a bid to acquire U.S. financial wire service Dow Jones & Co.

Thomson and Reuters news and financial businesses will be called Reuters.


Previous
Next
AMD Opteron Processor Faster Than Xeon in SQL Database Test        All News        Spansion, TSMC Agree on Joint Technology Development
Open-source Violates 235 Patents: Microsoft     General Computing News      DirecTV May Try broadband on Power Lines

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .