(Reuters) - The two firms said on Tuesday they are in talks for Thomson to purchase Reuters for about 8.8 billion pounds to create the world's biggest financial news and data company. For details see [ID:nL08555340].
"The review is due to the significant increase in leverage that would result from funding the approximate $9 billion in cash consideration with debt should the transaction be completed in accordance with the terms outlined in Thomson's May 8, 2007 press release," Moody's said in a release.
Read more at Reuters.com Mergers News
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