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Thomson Corp. to sell Thomson Learning for $7.75 billion

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Stamford, Conn.—Thomson Corp. said Friday it has agreed to sell Thomson Learning and other assets for $7.75 billion to funds advised by Apax Partners and OMERS Capital Partners.

Thomson's higher education, careers and library reference assets include these brands: Brooks/Cole, Delmar Learning, Gale, Heinle and South-Western. The transaction is expected to close in the third quarter.

Earlier this week Thomson announced it is in talks to acquire Reuters Group.

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