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Thomson Aims to Buy Reuters

By Peter Fearon, Newser Staff

Posted May 9, 2007 8:00 AM CDT

(Newser) – Thomson, the Canadian publishing company, is poised to buy Reuters, the global news and information agency, the Globe and Mail reports. The timing of the takeover, which values Reuters at $17.7 billion, appears a response to Rupert Murdoch's proposed purchase of Dow Jones, but... Read full story »

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Globe and Mail (Source Grid »)

Reuters Takeover

Text of statement by Reuters and Thomson Corp
Thomson corporate website

Rupert Murdoch • Dow Jones • Reuters • news • Thomson • stock

More Newser Stories

Dow Jones Warms to Murdoch Offer

Family ready to consider bid, with Reuters-Thomson merger in wings

(NEWSER) - The family that controls Dow Jones, after initially rebuffing a $5-billion buyout offer from Rupert Murdoch, has decided to consider selling after all. In a stunning about-face, the Bancroft family announced last night it had "reached consensus that the mission of Dow Jones may be better accomplished in combination or collaboration with another organization, which may include News Corporation.” More»

Bancrofts Mull Murdoch Buyout

Final decision on offer expected by end of week

(NEWSER) - The Bancroft family met yesterday in Boston to consider Rupert Murdoch's $5B offer for Dow Jones, but is expected to take at least until Friday to vote on the deal, Reuters reports. Christopher Bancroft, who opposes the sale, showed up sporting a baseball cap with the words "Bite me" on it; he told reporters that the family hadn't reached a consensus. More»

Panel to Shield Journal Editors

In latest deal, hybrid board would hire and fire key staffers

(NEWSER) - A watchdog committee, not would-be owner Rupert Murdoch, would hire and fire editors under a tentative pact to protect the editorial independence of the Wall Street Journal, a source familiar with details of the deal tells MarketWatch. Members of the panel would be chosen by Murdoch's News Corp., Dow Jones, and the Bancroft famiiy. More»

Mogul's Interest In Journal Is No Passing Fancy

Groundwork for Murdoch's Dow Jones bid dates back decades

(NEWSER) - Rupert Murdoch's bid for Dow Jones may have seemed to come out of nowhere, but the Australian media mogul has had his eye on the Wall Street Journal for years. In three decades in the States, Murdoch has made his mark in news, entertainment, and, of course, politics. The Times takes the measure of an impressive set of tentacles. More»

Dow Jones Scenarios Multiply

Companies may join forces to counter Murdoch bid

(NEWSER) - Members of the Bancroft family would retain a stake in Dow Jones after selling a majority interest to GE and Pearson if one possible arrangement plays out, media outlets owned by the players are reporting. The Wall Street Journal outlines a venture incorporating Dow Jones, Pearson's Financial Times, and GE's CNBC; the FT reports that GE intends to move quickly. More»

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Thomson Aims to Buy Reuters

Reuters Takeover

Rupert Murdoch • Dow Jones • Reuters • news • Thomson • stock

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More Newser Stories

Dow Jones Warms to Murdoch Offer

Family ready to consider bid, with Reuters-Thomson merger in wings

Bancrofts Mull Murdoch Buyout

Final decision on offer expected by end of week

Panel to Shield Journal Editors

In latest deal, hybrid board would hire and fire key staffers

Mogul's Interest In Journal Is No Passing Fancy

Groundwork for Murdoch's Dow Jones bid dates back decades

Dow Jones Scenarios Multiply

Companies may join forces to counter Murdoch bid

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