Summary
ON FIRST sight the Pounds 8.8bn Thomson offer for Reuters looks irresistible.
The premium of 42pc looks generous, the top job in the merged enterprise goes to Reuters' Tom Glocer, there will be a dual listing and the new owner is prepared to maintain editorial independence.See the full content of this document
Extract
A Global Stitch-Up Too Far
This ought to be a winning formula.
But it is not quite as simple as that. Putting the two companies together would give the new Thomson-Reuters a 34pc share of the financial data market, well above the 30pc used b...See the full content of this document
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