08th May 2007, by Andrew Barr

Thomson to buy Reuters

Fresh from the news that Murdoch is trying to buy Dow Jones group at the end of the week it emerged that Thomson has made a bid for Reuters News Group.

Thomson Logo
Media-story tracking tool

This is a really interesting one as this partnership would allow the emerging company to offer a complete news and collation service. Thomson has one of the best news tracking systems on the go and obviously Reuters is up there with the best news agencies so it would be a match made in heaven.

First with news

According to the FT, the bid values Reuters’ equity at around £8.8bn, or 697p a share.

Will defo be one to watch.

Get the Know How

Get the latest thought leading industry comment and information from our “no sales” newsletter.

Want to work with us?