Do More With Reuters

Thomson shareholders vote in favor of Reuters deal

Wed Mar 26, 2008 9:46pm IST
 
Email | Print | | Single Page
[-] Text [+]

TORONTO (Reuters) - Shareholders of electronic publisher Thomson Corp TOC.TOTOC.N have approved its takeover of financial news and data provider Reuters Group Plc RTR.L.

About 99 percent of the votes cast on Wednesday were in favor of the deal. The vote in Toronto was a formality as Woodbridge Co Ltd, the investment vehicle of the Thomson family, which owns 70 percent of Thomson's shares, had already said it was behind the transaction.

(Reporters and editors involved in writing and editing this report may own Reuters securities and are bound by the Reuters Code of Conduct, which restricts dealing in securities in companies on which a journalist is reporting)

(Reporting by Wojtek Dabrowski; Editing by Peter Galloway)

Photo
Photo

Catch the latest news, pictures, stats and live race commentary on our special Formula 1 page.  Full Coverage 

REUTERS POLL

Photo
Where do you see the BSE Sensex by year end?
Below 12,000
12,000 - 15,000
15,000 - 18000
Above 20,000
Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
GOLD $0.00 $0.00
SILVER $0.00 $0.00