Media Merger Candidates
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Created by Ira Krakow
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Date updated:05-16-2007

May 15, 2007 - Thomson (TOC) has agreed to buy Reuters (RTRSY) for $17.2 billion (£8.7 billion) to create the world's biggest financial news and data firm, the companies said on Tuesday.

The takeover has the support of the Reuters Founders Share Company, which has the power to block a change of ownership, but the deal still needs regulatory clearance and shareholder approval, the companies said in a joint statement.

Good time to buy Thomson? Reuters? How does this affect the Dow Jones/Newscorp talks? Are there other possible merger candidates?

What other players might be actively doing deals? Viacom's a possibility. With the large Hispanic demographic, there's a possibility for media consolidation. This trend started in 2001 when NBC, now owned by GE, bought Telemundo. How about Viacom (VIAB), owner of CBS or Disney (DIS) owner of ABC.

symbol name last price % change open
  • +
  • TOC
    Toc
  • $0.00
  • N/A
  • $N/A

Thomson Financial - Story at: http://biz.yahoo.com/ap/070515/britain_reuters_thomson.html?.v=20 The Thomson Corporation and its subsidiaries provide information services to business and professional customers worldwide. The company operates through five segments: Thomson Legal, Thomson Tax and Accounting, Thomson Financial, Thomson Scientific, and Thomson Healthcare. The Thomson Legal segment publishes legal textbooks and materials; provides software to assist lawyers with practice management functions; offers Internet-accessible legal directories; provides Web site creation and hosting services and law firm marketing solutions; offers strategic consulting advisory services; and provides textbooks, study aids, bar review courses, continuing education materials, and seminars. It serves legal industry. The Thomson Tax and Accounting segment provides regulatory information, software, services, tools, and applications to professional accounting firms, finance and accounting departments, law firms, governments, tax preparers, bookkeepers, enrolled agents, corporate tax departments, and financial services firms. The Thomson Financial segment provides integrated information and technology applications to financial services industry. It offers a range of financial data and develops individual workflow solutions and services for trading professionals, portfolio managers, investment bankers, stockbrokers, financial planners, corporate executives, and treasury and investor relations professionals. The Thomson Scientific segment provides information and services to researchers, scientists, and information professionals in the academic, scientific, corporate, and government markets. It offers Web of science, third-party hosted content, editorially selected Web sites, and tools to access, analyze, and manage research information. The Thomson Healthcare segment provides integrated information solutions and knowledge-based tools to physicians, pharmacists, nurses, and other health professionals. The company was founded in 1977 and is headquartered in Stamford, Connecticut.

People owning TOC also tend to own: AETAMTCCICICSCOCVSDOX

TheStreet.com Rating: No Rating What is this?

  • +
  • RTRSY
    2.47
  • $74.40
  • 0.00
  • $74.40

Based in London. Reuters Group PLC provides content and transaction services for financial services marketplace. The company�s Sales and Trading division serves the information, trading, and post-trade connectivity requirements of buy and sell-side customers in the foreign exchange, fixed income, equities, and other exchange traded instruments, and commodities and energy markets. Its Enterprise division offers enterprise information, information management, enterprise connectivity, and trade and risk management. This segment provides Reuters DataScope datafeeds that streams machine-readable price data delivered over its networks at high speed for use in customers� information and trading services; Reuters DataScope pricing and reference data, which help banks and financial organisations achieve regulatory compliance by delivering financial instrument prices and reference material for the capital markets; Reuters Market Data System, a resilient content distribution software platform; Trade and Risk Management systems to help banks to manage their trading position and monitor their exposure to trading risk; and Reuters Messaging, a secure online messaging service that connects financial professionals within and across existing communities of interest. The company�s Research and Asset Management division offers an integrated package of public and proprietary fundamental information of companies along with access to market information and news, research and estimates, company information, foreign exchange pricing and execution, and industry and market views. Its Media division creates, packages, and distributes news and information services to the newspapers, television and cable networks, radio stations, and Web sites, as well as directly to consumers through its digital services across online, mobile, and IPTV platforms. The company was founded in 1851 and is headquartered in London, the United Kingdom.

People owning RTRSY also tend to own: ACNADREAMGNAMTDATIBACCAT

TheStreet.com Rating: No Rating What is this?

  • +
  • NWS
    News Corporation
  • $14.13
  • -4.01%
  • $14.37

Owned by Rupert Murdoch. Made $60 hostile takeover bid for Dow Jones.

People owning NWS also tend to own: CBSDISGOOGTWXVIAYHOOAAPL

TheStreet.com Rating: C- What is this?

  • +
  • DJ
    Dj
  • $0.00
  • N/A
  • $N/A

Major Dow Jones shareholder Robert Ottaway opposes merger. http://www.marketwatch.com/news/story/major-dow-jones-shareholder-opposes/story.aspx?guid=%7B7D0D22F5-58D7-4979-BEA0-5F1A5D37EF22%7D

People owning DJ also tend to own: AMCCHPQMCDWENCDEDIVXF

TheStreet.com Rating: No Rating What is this?

  • +
  • VIAB
    Viacom Inc Cl B
  • $29.98
  • 0.00%
  • $N/A

Jim Cramer - Lightning Round - 5/14/2007 - "Viacom's a comer" http://www.thestreet.com/_mktw/funds/lightninground/10356785.html Viacom owns CBS

People owning VIAB also tend to own: AAPLCBSCBS/AEMCGMEHALMO

TheStreet.com Rating: No Rating What is this?

  • +
  • TV
    Telvisa S.a.
  • $20.76
  • -0.95%
  • $20.86

Mexico based, with large US Hispanic audience. Could be takeover candidate. Grupo Televisa, S.A. engages in the production and broadcasting of Spanish language television programs. Its television programs include telenovelas, newscasts, situation comedies, game shows, reality shows, children�s programs, comedy programs, musical and cultural events, movies, and educational programming. The company licenses its programming to other television broadcasters and pay-television systems. It publishes and distributes Spanish language magazines for readers in the United States. The company also owns Spanish language television programming library. It also maintains Esmas.com, a Spanish-language horizontal Internet portal that provides Spanish-language content, including news, sports, business, music and entertainment, editorials, life and style, technology, culture, shopping, health, kids, and an opinion survey channel. The Internet portal offers various services, such as search engines, chat forums, recruitment services, and news bulletins. In addition, the company engages in radio production and broadcasting, professional sports and show business promotions, and feature film production and distribution. Grupo Televisa broadcasts its programs, as well as programs produced by others through its DTH satellite services or other cable and satellite providers in Mexico, Latin America, Europe, Asia, Africa, the United States, Canada, and Australia. The company was incorporated in 1990 and is based in Mexico City, Mexico.

People owning TV also tend to own: ABDALCANDEBKDCPIIFLSFRH-U

TheStreet.com Rating: C+ What is this?

  • +
  • GE
    Gen Electric Co
  • $15.59
  • -1.08%
  • $15.66

Possible suitor for Televisa? They own CNBC.

People owning GE also tend to own: AIGBACCCOPCVXFNMJNJ

TheStreet.com Rating: C What is this?

  • +
  • DIS
    Walt Disney-disne
  • $30.01
  • -0.66%
  • $30.07

Possible suitor for Televisa? They own ABC.

People owning DIS also tend to own: CBSGOOGNWSTWXVIAYHOOAAPL

TheStreet.com Rating: B What is this?

 

Start Price

Return Value

Start Date

TOC 42.00 ------ May 15th
RTRSY 71.62 +3.88% May 15th
NWS 23.53 -39.95% May 15th
DJ 53.77 ------ May 15th
VIAB 42.52 -29.49% May 15th
TV 28.97 -28.34% May 15th
GE 36.60 -57.40% May 15th
DIS 35.98 -16.59% May 15th

Average return:

-27.98%

Success rate:

16.67%

Tracking Started: 05-15-2007

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