Thomson-Reuters Ticker Switch Happens Next Week
This story was written by Rafat Ali.
Thomson (NYSE: TOC) will change its name and ticker symbols once its $16.2 billion acquisition of Reuters Group (NSDQ: RTRSY) closes on April 17. The new entity will have two parent companies:
-- One will be based in Ontario, Canada, called Thomson Reuters Corp. Its shares will trade on the NYSE and Toronto Stock Exchange under the ticker symbol "TRI." Thomson's current symbol is "TOC."
-- Another will be a U.K. company called Thomson Reuters PLC. Its ADR shares will trade on the Nasdaq under the symbol "TRIN."
By Rafat Ali