Reuters shareholders back takeover by Thomson
Friday, 28 March 2008

LONDON, Reuters - News and financial data firm Reuters Group Plc said on Wednesday its shareholders had approved a 7.85 billion pound ($15.68 billion) takeover by Canadian electronic publisher Thomson Corp.

The result of the vote saw 92.6 percent of shareholders voting in favour of the cash and shares deal, representing 99.8 percent of votes cast.

The takeover has already secured regulatory approval and is scheduled to close on April 17.

At 1558 GMT, Reuters shares were down 0.6 percent at 600 pence, below the current value of the offer, equivalent to 634p pence a share.

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