Monday, May 14, 2007

UPDATE 1-Thomson agrees to buy Reuters for $17.2 billion

(Reuters) - The Founders Share Company could have blocked a takeover if it thought Reuters editorial independence was at risk.

"The combination of these two great businesses will create an exceptional global information company guided by the Reuters Trust Principles," Reuters Chief Executive Tom Glocer said in the statement.


Read more at Reuters.com Mergers News

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