Reuters Probe

Daily MailJuly 28, 2007

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Summary


NEWS group Reuters' 8.7bn sale to Canadian rival Thomson will be held up by competition probes until at least Christmas.

Finance chief David Grigson said European and US authorities would probably not rule on the deal until October. If approved, Thomson and Reuters (flat at 626p) will spend two months finalising the transaction. Advisers have scooped 21m in fees so far.

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Reuters Probe

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