Wednesday, 16 May 2007

David Thomson Snares Biggest-Ever Canadian Takeover With Reuters Agreement

(Bloomberg) -- Thomson Corp. Chairman David Thomson, Canada's richest man, emerged from his father's shadow with the proposed purchase of Reuters Group Plc for $17.2 billion, the biggest takeover ever by a Canadian company.

David Thomson sealed a bid to buy Reuters less than a year after father Kenneth Thomson died in his Toronto office, leaving his son to manage the world's 10th-largest family fortune.


Read more at Bloomberg Exclusive News

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