Saturday, June 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
China to Regulate Search Results Ads
HTC Apologizes For Poor Results, Pins Hopes On VR
MediaTek To Invest $6.15 billion on 5G Communication Technologies
EU, United States Strengthen Data Transfer Pact
BitTorrent Now Music And Video App Launched
Qualcomm Files Complaint Against Meizu
3-D pens And Moldable Earbuds Appear At CE Week Gadget Show
HP Recalls Batteries for HP and Compaq Notebook Computers Due to Fire and Burn Hazards
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
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 .