Thomson And Reuters Receive Regulatory Go-Ahead For Merger

Thomson Corp. has received conditional approval from antitrust authorities for its $15.4 billion acquisition of London based Reuters. The companies expect to close the deal, which was announced in May and will create the world's largest financial market data provider,

By None

Thomson Corp. has received conditional approval from antitrust authorities for its $15.4 billion acquisition of London-based Reuters.

The companies expect to close the deal, which was announced in May and will create the world’s largest financial market data provider, at the end of April.

The US Department of Justice, European Commission and Canadian Competition Bureau all confirmed that they have given the go-ahead to the merger, provided that the companies sell copies and licence intellectual property of several financial market databases they own. Both companies said they will do so.

«