×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Thomson in talks to acquire Reuters

Published on .

London—Thomson Corp. is pursuing an acquisition of Reuters Group, the two media companies confirmed Tuesday.

According to a joint statement, "Both boards believe there is a powerful and compelling logic for the combination, which would create a global leader in the business-to-business information markets."

Reuters is valued at more than $17 billion.

If an agreement is reached, Reuters CEO Tom Glocer would head the merged company, which would be called Thomson-Reuters. The combined Thomson Financial unit and Reuters financial and media businesses would be called Reuters.

—Carol Krol

Most Popular
In this article: