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Reuters, Thomson Confident Of Clear Skies Ahead

Law360 (December 13, 2007, 12:00 AM EST) -- Thomson Corp. and Reuters Group PLC are “increasingly optimistic” that their $17.5 billion merger is well on its way to win regulatory approval by early next year, Reuters said on Thursday.

While the companies are still awaiting approval from competition regulators in the United States and the European Union, their conversations with the watchdogs have been going well, Reuters said.

“Thomson and Reuters continue to expect to receive regulatory clearance for the transaction in the first quarter of 2008,” Reuters said. “Ongoing discussions with regulators on...
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