Forum Home Page [see Broadridge note below]

 The Shareholder ForumTM`

Fair Investor Access

See related case examples of

Dell Inc.

appraisal rights for intrinsic value realization

and

Walgreen Co.

stock buyback policies

"Fair Access" Home Page

"Fair Access" Program Reference

For graphs of specific company and related industry returns, see

Returns on Corporate Capital

For graphs of specific company voting for the past 5 years, see

Shareholder Support Rankings

 

 

 

 

For information provided by NASDAQ OMX about the acquisition reported below, see the company's presentation slides and archived conference call as well as its public announcement:

 

Source: Deal Journal (The Wall Street Journal Digital Network), December 12, 2012 article

WSJ Blogs


Deal Journal

An up-to-the-minute take on deals and deal makers.


December 12, 2012, 8:39 AM

Nasdaq Expands Services With Thomson Reuters Investor Relations Deal


Nasdaq OMX Group Inc. has agreed to acquire Thomson Reuters Corp.'s investor relations, public relations and multimedia services businesses for $390 million in cash, as the exchange operator looks to build out its corporate services.

Bloomberg
 

The businesses, which have more than 7,000 clients worldwide, will be integrated into Nasdaq’s corporate solutions segment. The segment will become a larger investor-relations outfit and a provider of PR and webcasting services, giving Nasdaq more offerings it can sell to corporate clients.

With trading volume weak, Nasdaq has been working to build up a range of technology and data services and products to sell to its traders and listed companies that create recurring revenue contracts. To do so, Nasdaq has embarked on a series of acquisitions.

This deal is expected to close in the first half of next year and Nasdaq expects it to add to earnings within the first year, excluding transaction-related costs.

“We believe this is an exciting opportunity that will contribute to our ability to grow our business, better serve our customers and create opportunities for our people,” CEO Bob Greifeld said in a statement on Nasdaq’s website.

In October, Nasdaq agreed to acquire the index business of Mergent Inc. in a deal that would make the exchange operator one of the largest providers of dividend-themed indexes.

Meanwhile, Thomson Reuters unveiled a restructuring of its markets business last year amid disappointing early sales of a new markets desktop product called Eikon. It also underwent a major reshuffling of its top leadership ranks, including the departures of several high-level executives.

Thomson has been aiming to focus more on its struggling core financial-markets business. In April, the company said it would sell its health-care business to private-equity firm Veritas Capital for $1.25 billion in an all-cash deal.

 

Copyright ©2012 Dow Jones & Company, Inc. All Rights Reserved

 

 

This Forum program is open, free of charge, to anyone concerned with investor interests in the development of marketplace standards for expanded access to information for securities valuation and shareholder voting decisions. As stated in the posted Conditions of Participation, the Forum's purpose is to provide decision-makers with access to information and a free exchange of views on the issues presented in the program's Forum Summary. Each participant is expected to make independent use of information obtained through the Forum, subject to the privacy rights of other participants.  It is a Forum rule that participants will not be identified or quoted without their explicit permission.

This Forum program was initiated to address issues and objectives defined by participants in the 2010 "E-Meetings" program relevant to broad public interests in marketplace practices, rather than investor decisions relating to only a single company. The Forum may therefore invite program support of several companies that can provide both expertise and examples of leadership relating to the issues being addressed.

Inquiries about this Forum program and requests to be included in its distribution list may be addressed to access@shareholderforum.com.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.

Shareholder Forum™ is a trademark owned by The Shareholder Forum, Inc., for the programs conducted since 1999 to support investor access to decision-making information. It should be noted that we have no responsibility for the services that Broadridge Financial Solutions, Inc., introduced for review in the Forum's 2010 "E-Meetings" program and has since been offering with the “Shareholder Forum” name, and we have asked Broadridge to use a different name that does not suggest our support or endorsement.