Reuters Group
Former British media and financial information company / From Wikipedia, the free encyclopedia
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This article is about Reuters Group prior to its 2008 acquisition by The Thomson Corporation. For the resulting company, see Thomson Reuters. For the Reuters news agency which was owned by Reuters Group and continues as a division of Thomson Reuters, see Reuters.
Reuters Group plc was a British multinational media and financial information company headquartered in London, United Kingdom. It was acquired by the Thomson Corporation in 2008, forming Thomson Reuters, and moved its head office to Toronto.
Quick Facts Company type, Industry ...
Company type | Public limited company |
---|---|
Industry | Mass media |
Founded | October 1851 |
Defunct | 17 April 2008 (2008-04-17) |
Fate | Acquired by the Thomson Corporation |
Successor | Thomson Reuters |
Headquarters | London, United Kingdom |
Divisions | Reuters |
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Reuters Group was best known for the Reuters news agency, which was the original business of the company. By the time of its acquisition by Thomson, the bulk of Reuters Group's revenues came from the provision of financial market data, with news reporting comprising less than 10% of its turnover.[1]