We don't usually traffic in unfounded rumors, but apparently the buzz among Wall Street traders is that Google wants to buy London-based Reuters. That's according to someone who spends a fair bit of his time talking to traders. Which maybe ties into this
. Or maybe not. So there you go. Add it to the rumor pile.
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Google to Acquire Reuters?
SiliconBeat.com learns that it seems Google will acquire Reuters. Is it true?
September 9, 2005 2:18 AM
From: Mark Evans
Google Rumour du Jour
Apparently, Google wants to buy Reuters
- according to Silicon Beat
When will the insanity stop? Will someone plea...
September 9, 2005 4:44 AM
Google should go for it - they have showed the rest of the world how content distribution should be done - it's about time they owned some.
The Founders Share
"Reuters is dedicated to preserving its independence, integrity and freedom from bias in the gathering and dissemination of news and information. The Reuters Founders Share Company Limited was established to safeguard those qualities and holds a single Founders Share. The share may be used to outvote all ordinary shares if other safeguards fail and there is an attempt to seize control of the company. Control for this purpose means 30% of the ordinary shares."