Wednesday, December 6, 2006

Thomson looking for more acquisitions, CEO says

Thomson, the listed Canadian data provider based in Connecticut, is looking for takeover targets in the electronic data space, reported the Globe and Mail.
Richard Harrington, CEO of the company, was cited in the report as saying that Thomson intends to fund future acquisitions by using proceeds that will come via the divesting of its educational publishing unit.
Thomson's market cap is USD 27.57bn, according to Yahoo Finance.


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