Articles > Popular publications > The Boston Globe (Boston, MA) news wires > May 2007

Article: A Reuters-Thomson deal could have fallout in Hub

Article from:
The Boston Globe (Boston, MA)
Article date:
May 11, 2007
Author:
Copyright

Thomson Corp.'s potential $17.5 billion acquisition of Reuters Group PLC, the global financial and general news organization, could affect its 900 employees in Boston, media specialists said yesterday.

Thomson produces market analysis and other data for investors, businesses, and the media, and Reuters is itself one of the world's top media companies. If the two merged, they would be a formidable competitor for Bloomberg LP, currently the dominant player in financial news and information. Neither side would comment on the deal's potential impact on Boston citing the unfinished negotiations, but analysts say there's a push to get a deal done within weeks.

Thomson occupies an entire block on ...

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