Deals, Deals, Deals
Just a few days after Murdoch's bid for Dow Jones comes word that Reuters has been approached by a third party, offering to acquire the Company.
Numis Securities proposes that the suitor could be Thomson, whose bank accounts will soon be filled from the $5 billion divestiture of their Education Division.
UPDATE: The Globe and Mail says that the suitor is Thomson. That would be a big acquisition and somewhat out of character for Thomson. While they've done billion-dollar deals in the past (acquisitions of Primark, Harcourt General and West), this would dwarf those deals.
At the same time, the Microsoft acquisition of Yahoo rumors are kicking up again. Despite the continuing slump in the newspaper sector, it looks like a good time to be invested in the content space.
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