Investing

Thomson-Reuters: $500 Million Savings = 3000 Fired

From Silicon Alley Insider

The EU wants to take a closer look at the Thomson-Reuters (RTRSY) merger (surprise, surprise).  The commission now expects to deliver its ruling on Feb 25th.  The companies, of course, will cooperate. NYT/Bloomberg

Meanwhile, the companies have said they expect the merger to save $500 million annually.  continued…

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