Thomson seen behind bid approach to Reuters

Fri May 4, 2007 2:02pm BST
 
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LONDON (Reuters) - Canadian publisher Thomson TOC.N TOC.TO is in talks to buy financial news and data group Reuters RTR.L, Canada's Globe and Mail newspaper said on Friday, citing unidentified sources close to both companies.

"Thomson is a big thoughtful company that makes long-range plans and doesn't do hostile deals," the newspaper quoted one source as saying.

Reuters, which said earlier on Friday it had received a bid approach from an unidentified third party, declined to comment. Thomson also declined to comment.

 
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