The US DoJ requires the sale of copies of three databases before approving a merger in the financial data sector (Thomson / Reuters)

Despite the presence of a number of competitive overlaps and a nine– month investigation by the Antitrust Division of the U.S. Department of Justice (“DOJ”), after agreeing to sell copies of three databases in the U.S., Reuters Group PLC (Reuters) and The Thomson Corporation (Thomson) secured DOJ approval of their $7.2 billion combination. This paved the way for the parties to close the transaction on April 2, 2008, making Thomson Reuters the world’s leading provider of news and data for professional markets. Financial Data Products Prior to the merger, Reuters and Thomson both provided financial data and services to sales and trading professionals, investment managers, investment bankers, wealth managers, and various other financial professionals. The

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  • US Federal Trade Commission (FTC) (Washington)

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Katherine Ambrogi, The US DoJ requires the sale of copies of three databases before approving a merger in the financial data sector (Thomson / Reuters), 17 June 2008, e-Competitions Bulletin US Mergers in IT, Art. N° 53244

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