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Reuters |
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ReutersBritish cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. After a period of competition, Reuters and two rival agencies agreed on a division of territory and for many years held a virtual monopoly on world press services. The company remained in private hands until 1925, when its structure began moving toward a cooperative of British and Australasian press interests. In 1984 it became a public company under the name Reuters Group PLC. By the late 20th century Reuters was a world leader in business and financial market coverage. In 2007 Thomson Corp., a Canadian electronic publisher, agreed to purchase Reuters. Reuters news agency; established as telegraphic and pigeon post bureau (1851). [Br. Hist.: Benét, 852]
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In a deal that will combine two major providers of private equity and venture capital information services into what the principals term "a new powerful media business," Wicks Business Information LLC has agreed to acquire San Francisco-based VentureOne Corporation from Reuters Group PLC. com), a venture owned by Dow Jones & Company and Reuters Group Plc, offers one of the world's largest collections of essential news and business information. LONDON -- Deutsche Bank (NYSE:DB)(GER:DBK)(LSE:DBK) today announced its appointment as successor depositary bank for the NASDAQ-quoted American Depositary Receipt (ADR) program for Reuters Group Plc (Reuters). |
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