auch bei den finanzdatenanbietern ist big beautiful. so stehen sich nun bald nur noch die riesen TF und Reuters gegenüber. allerdings möchte michael das doppelte der gebotenen $10 Mrd. tja, wer sich mit einem jahresgehalt von $1 zufriedengibt, muß zumindest seine eigene kuh bestens schlachten lassen.
LONDON (Dow Jones)--Canadian media company Thomson Corp. (TOC.TO) is preparing a $10 billion bid for the business empire of Michael Bloomberg, the newly elected mayor of New York, The Observer reports.
Bloomberg, a former Wall Street trader with Salomon Brothers, has built a multibillion dollar screen-based financial information business to rival U.K. financial news and data company Reuters (RTR.L).
Bloomberg hasn't reached a final decision to push ahead with a sale, but his friends say he is giving the idea serious consideration this weekend following his unexpected victory in the election last week, the newspaper says.
Thomson Corporation, which owns a rival news and information network, Thomson Financial, is keen to launch a takeover bid. Other possible bidders include Financial Times publisher Pearson PLC (PSON.L) and Merrill Lynch & Co. (MER.US), which owns 20% of the Bloomberg (X.BBG) business.
Reuters isn't expected to enter the fray because of competition concerns.
But Bloomberg, whose personal fortune is put at $4 billion, is understood to be asking almost double what Thomson has indicated it is prepared to pay. Bloomberg reckons his business is worth $20 billion, even though the television arm is loss-making. An auction is likely to be a long process, the newspaper says.
Newspaper Web site: www.observer.co.uk
-London Bureau, Dow Jones Newswires; 44-207-842-9200
(END) Dow Jones Newswires 11-11-01
LONDON (Dow Jones)--Canadian media company Thomson Corp. (TOC.TO) is preparing a $10 billion bid for the business empire of Michael Bloomberg, the newly elected mayor of New York, The Observer reports.
Bloomberg, a former Wall Street trader with Salomon Brothers, has built a multibillion dollar screen-based financial information business to rival U.K. financial news and data company Reuters (RTR.L).
Bloomberg hasn't reached a final decision to push ahead with a sale, but his friends say he is giving the idea serious consideration this weekend following his unexpected victory in the election last week, the newspaper says.
Thomson Corporation, which owns a rival news and information network, Thomson Financial, is keen to launch a takeover bid. Other possible bidders include Financial Times publisher Pearson PLC (PSON.L) and Merrill Lynch & Co. (MER.US), which owns 20% of the Bloomberg (X.BBG) business.
Reuters isn't expected to enter the fray because of competition concerns.
But Bloomberg, whose personal fortune is put at $4 billion, is understood to be asking almost double what Thomson has indicated it is prepared to pay. Bloomberg reckons his business is worth $20 billion, even though the television arm is loss-making. An auction is likely to be a long process, the newspaper says.
Newspaper Web site: www.observer.co.uk
-London Bureau, Dow Jones Newswires; 44-207-842-9200
(END) Dow Jones Newswires 11-11-01
