Thomson agrees to buy Reuters
May 15 - Canadian media group Thomson Corp buys Reuters for $17.2 billion.
The two companies are set to create the world's biggest financial news and data group in a deal worth $17.2 billion. The tie-up marks the end of an era at Reuters which has been an independent news agency for more than 150 years.
Shola Olowu reports for Reuters.
FEATURED SPEAKERS:
Richard Harrington, CEO, Thomson Corp
Tom Glocer, CEO, Reuters
Niall Fitzgerald, Chairman, Reuters
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