Reuters shareholders back takeover by Thomson

Wed Mar 26, 2008 4:28pm GMT
 
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LONDON (Reuters) - News and financial data firm Reuters Group RTR.L said on Wednesday its shareholders had approved a 7.85 billion pound takeover by Canadian electronic publisher Thomson Corp TOC.TO.

The result of the vote saw 92.6 percent of shareholders voting in favour of the cash and shares deal, representing 99.8 percent of votes cast.

The takeover has already secured regulatory approval and is scheduled to close on April 17.

At 3.58 p.m., Reuters shares were down 0.6 percent at 600 pence, below the current value of the offer, equivalent to 634p pence a share.

(Reporting by Mike Elliott; Editing by Andrew Callus)

 
A share trader is pictured behind a mock one dollar bill and a mock 500 Euro note symbolizing a consumer credit note, at the German stock exchange in Frankfurt, December 18, 2008. REUTERS/Kai Pfaffenbach
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