-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K9hPYtgFbifCFi9QOXzu27dxDtiZzbiO/qjl9Js7S0Y/R3dMPTZPy8C0L+G6bAmh ZIIumY4QtNGF8/Lf9uOi4Q== 0001104659-07-073796.txt : 20071009 0001104659-07-073796.hdr.sgml : 20071008 20071009082719 ACCESSION NUMBER: 0001104659-07-073796 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20071009 FILED AS OF DATE: 20071009 DATE AS OF CHANGE: 20071009 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THOMSON CORP /CAN/ CENTRAL INDEX KEY: 0001075124 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PUBLISHING [2741] IRS NUMBER: 980176673 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31349 FILM NUMBER: 071160932 BUSINESS ADDRESS: STREET 1: METRO CENTER STREET 2: ONE STATION PLACE CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2035398000 MAIL ADDRESS: STREET 1: METRO CENTER STREET 2: ONE STATION PLACE CITY: STAMFORD STATE: CT ZIP: 06902 6-K 1 a07-26218_16k.htm 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2007

 

Commission File Number: 1-31349

 

 

 

THE THOMSON CORPORATION

(Translation of registrant’s name into English)

 

Metro Center, One Station Place

Stamford, Connecticut 06902, United States

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  o    Form 40-F   x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes  o    No  x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  82-.

 

 

 

 



 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

THE THOMSON CORPORATION

 

 

By:

/s/ Edward A. Friedland

 

 

Name: Edward A. Friedland

 

 

Title: Assistant Secretary

 

Date: October 9, 2007

 



 

 

 

EXHIBIT INDEX

 

 

Exhibit Number

 

Description

99.1

 

News release dated October 8, 2007 — Thomson and Reuters Provide Regulatory Update

 

 

 

99.2

 

Deed of variation dated October 8, 2007 between The Thomson Corporation, Reuters Group PLC, The Woodbridge Company Limited and Thomson-Reuters Limited in relation to the Implementation Agreement dated May 15, 2007

 


EX-99.1 2 a07-26218_1ex99d1.htm EX-99.1

Exhibit 99.1

GRAPHIC                                                                            

 

THOMSON AND REUTERS PROVIDE REGULATORY UPDATE

 

EC confirms that its regulatory review will proceed to Phase 2

Timing agreement signed with the U.S. Department of Justice

Technical amendment signed to reflect U.S. regulatory review process

 

STAMFORD, Conn., LONDON, October 8, 2007 — The Thomson Corporation (NYSE: TOC; TSX: TOC), and Reuters (LSE: RTR, NASDAQ: RTRSY) today provided an update on the ongoing European and U.S. regulatory processes related to Thomson’s proposed acquisition of Reuters.

 

The European Commission (EC) has informed the two companies that it will proceed to a Phase 2 review of the proposed transaction to give it more time to examine the transaction and its impact on the competitive environment.  Competitive conditions in the industry where Thomson Financial and Reuters operate are complex and constantly evolving.  Both companies will continue to work with the EC to help narrow and resolve the issues which the EC has indicated require further review.  The companies currently anticipate that the Phase 2 review will be completed during the first quarter of 2008.

 

In the U.S., the two companies have signed a timing agreement with the Department of Justice related to its regulatory review. Under the timing agreement, the Department of Justice will provide Thomson and Reuters with a decision by January 15, 2008.

 

Thomson and Reuters also announced that they have agreed to a technical amendment related to the U.S. regulatory pre-condition described in their announcement of May 15, 2007.  The purpose of the amendment is to reflect the actual review procedure being conducted by the Department of Justice and the companies’ original intent in drafting the U.S. regulatory pre-condition.  For technical reasons related to the dual listed company (DLC) structure contemplated for Thomson-Reuters, the transaction is not subject to the filing and waiting period requirements of the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 as had been contemplated and reflected in the original wording of the U.S. regulatory pre-condition. As previously announced, the Department of Justice has been conducting a review of the transaction similar to a Hart-Scott-Rodino review, as is common for a transaction of this size.

 

Commenting on these regulatory developments, Tom Glocer, currently CEO of Reuters and CEO designate of Thomson-Reuters said, “Today’s developments bring clarity and transparency to the regulatory timetables on both sides of the Atlantic.  Our discussions with both sets of regulators have been constructive and have developed in line with our expectations. Thomson and Reuters remain committed to working with them through to the end of their investigations.  Customer feedback to the proposed transaction has been overwhelmingly positive, and we are hopeful that we can work with the regulators to expedite the process and complete the transaction in or around the first quarter of 2008.”

 

 

1



 

 

Richard J. Harrington, President and CEO of The Thomson Corporation, added, “We continue to believe a combined Thomson-Reuters will enhance competition as well as customer value.”

 

The text of the revised pre-condition related to the U.S. regulatory review is attached to this news release.

 

About The Thomson Corporation:

 

The Thomson Corporation (www.thomson.com) is a global leader in providing essential electronic workflow solutions to business and professional customers.  With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare.  The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

 

About Reuters:

Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Through reuters.com and other digital properties, Reuters now also supplies its trusted content direct to individuals. Reuters drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 17,500 staff in 94 countries, including 2,400 editorial staff in 196 bureaux serving 131 countries. In 2006, Reuters revenues were £2.6 billion.

 

The directors of Thomson and Reuters accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of Thomson and Reuters (who have taken all reasonable care to ensure such is the case), the information contained herein for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.

 

DEALING DISCLOSURE REQUIREMENTS

 

Under the provisions of Rule 8.3 of the Takeover Code (the ’Code’), if any person is, or becomes, ‘interested’ (directly or indirectly) in 1% or more of any class of ‘relevant securities’ of Thomson or of Reuters, all ‘dealings’ in any ‘relevant securities’ of that company (including by means of an option in respect of, or a derivative referenced to, any such ‘relevant securities’) must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the Transaction becomes, or is declared, unconditional, lapses or is otherwise withdrawn or on which the ‘offer period’ otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an ‘interest’ in ‘relevant securities’ of Thomson or Reuters, they will be deemed to be a single person for the purpose of Rule 8.3.

 

 Under the provisions of Rule 8.1 of the Code, all ‘dealings’ in ‘relevant securities’ of Thomson or Reuters by Thomson or Reuters, or by any of their respective ‘associates’, must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.

 

A disclosure table, giving details of the companies in whose ‘relevant securities’ ‘dealings’ should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel’s website at www.thetakeoverpanel.org.uk.

 

 ‘Interests in securities’ arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an ‘interest’ by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

 

Terms in quotation marks are defined in the Code, which can also be found on the Panel’s website. If you are in any doubt as to whether or not you are required to disclose a ‘dealing’ under Rule 8, you should consult the Panel.

 

2



 

 

CAUTIONARY NOTE CONCERNING FACTORS THAT MAY AFFECT FUTURE RESULTS

 

This news release includes forward-looking statements, such as Thomson’s and Reuters beliefs and expectations regarding the regulatory review processes for their proposed transaction. These statements are based on certain assumptions and reflect Thomson’s and Reuters current expectations. Forward-looking statements also include statements about Thomson’s and Reuters beliefs and expectations related to the potential timing of the regulatory review processes and the closing of the transaction. There can be no assurance that the regulatory review processes and closing of the transaction will be completed during the time periods specified in this news release, or that the proposed transaction will be consummated. The closing of the proposed transaction is subject to various regulatory approvals and the fulfillment of certain conditions, and there can be no assurance that any such approvals will be obtained and/or such conditions will be met. All forward-looking statements in this news release are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These risks and uncertainties include, without limitation, the effect of regulatory conditions, if any, imposed by regulatory authorities and the reaction of Thomson’s and Reuters customers, suppliers, competitors and others to the proposed transaction. Additional factors that could cause actual results or events to differ materially from current expectations are discussed in Thomson’s and Reuters respective materials filed with the securities regulatory authorities in Canada, the United Kingdom and the United States (as the case may be) from time to time including The Thomson Corporation’s 2006 Annual Report on Form 40-F and Reuters Group PLC’s 2006 Annual Report on Form 20-F, each of which has been filed with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements made by or on behalf of Thomson or Reuters speak only as of the date they are made. Thomson and Reuters each disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

 

This document does not constitute an offer for sale of any securities or an offer or an invitation to purchase any such securities. Following satisfaction or waiver of the pre-conditions to the proposed transaction, documents relating to the proposed transaction will be furnished to or filed with the SEC. Shareholders are urged to read such documents regarding the proposed transaction if and when they become available, because they will contain important information. Shareholders will be able to obtain free copies of these documents, as well as other filings containing information about the companies, without charge, at the SEC’s website at www.sec.gov, at the Canadian securities regulatory authorities’ website at www.sedar.com (in the case of Thomson) and from Thomson and Reuters. These documents will also be available for inspection and copying at the public reference room maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549, United States. For further information about the public reference room, call the SEC at 1-800-732-0330.

 

Contacts:

Reuters:

 

The Thomson Corporation:

Investor Relations enquiries

 

Investor Relations enquiries

Miriam McKay

 

Frank J. Golden

Global Head of Investor Relations, Reuters

 

Vice President, Investor Relations

+44 (0) 207 542 7057

 

+1 (203) 539 8470

+44 (0) 7990 567057

 

frank.golden@thomson.com

Miriam.mckay@reuters.com

 

 

 

 

US Media enquiries

UK Media enquiries

 

Fred Hawrysh

Victoria Brough

 

Global Director, External Communications

Global Head of Financial PR

 

+1 (203) 539 8314

+44 (0) 207 542 8763

 

fred.hawrysh@thomson.com

victoria.brough@reuters.com

 

 

 

 

UK Media enquiries

US Media enquiries

 

Will Tanner

Frank DeMaria

 

will.tanner@finsbury.com

SVP, Corporate Communications, Americas

 

Edward Simpkins

+1 646 223 5507

 

Edward.simpkins@finsbury.com

frank.demaria@reuters.com

 

Finsbury

 

 

+44 (0) 207 251 3801

 

 

3



 

U.S. REGULATORY PRE-CONDITION

 

The Transaction and the posting of the Reuters Circular and Thomson Circular, will take place only if, amongst other conditions, the following Regulatory Pre-condition is satisfied or waived:

 

(b)                                 either:

 

(i)                                     all applicable filings having been made and all or any applicable waiting periods (including any extensions thereof) under the United States Hart-Scott Rodino Antitrust Improvements Act of 1976 and the regulations thereunder having expired, lapsed or been terminated as appropriate, in each case in respect of the proposed combination of Reuters with Thomson and neither of the parties being subject to any order or injunction of a court of competent jurisdiction in the United States that prohibits consummation of the Transaction as a result of action brought by the US Federal Trade Commission or US Department of Justice; or

 

(ii)                                  if no such filings are required, then the US Federal Trade Commission or US Department of Justice having concluded its investigation and review of the proposed combination and notified the parties of its determination, either:

 

(1)            not to seek to prohibit consummation of the Transaction; or

 

(2)                                   to seek to prohibit consummation of the Transaction; and, as at or on any date after the date 30 days after notification of such decision:

 

(A)                              there not continuing to be any action, proceeding or suit outstanding for; and

 

(B)           neither of the parties being subject to,

 

any order or injunction of a court of competent jurisdiction in the United States that prohibits consummation of the Transaction as a result of action brought by the US Federal Trade Commission or US Department of Justice.

 

 

 

 

4


 

EX-99.2 3 a07-26218_1ex99d2.htm EX-99.2

Exhibit 99.2

 

 

DEED OF VARIATION

 

DATED  8 OCTOBER 2007

 

between

THE THOMSON CORPORATION

and

REUTERS GROUP PLC

and

THE WOODBRIDGE COMPANY LIMITED

and

THOMSON-REUTERS LIMITED

 

in relation to an Implementation
Agreement dated 15 May 2007

 

 

 

 

London

 

 

 



 

CONTENTS

Clause

 

 

1.

Interpretation

 

2.

Amendment

 

3.

General

 

4.

Governing Law and Jurisdiction

 

 

 

 

Schedule

 

 

 

 

 

Signatures

 

 

 

2



 

THIS DEED is made on 8 October 2007

BETWEEN:

(1)                                  THE THOMSON CORPORATION, a corporation incorporated under the laws of Ontario, Canada, whose registered office is at Suite 2706, Toronto Dominion Bank Tower, Toronto-Dominion Centre, Toronto, Ontario M5K 1A1, Canada (Thomson);

(2)                                  REUTERS GROUP PLC, a company incorporated in England and Wales with registered number 3296375 whose registered office is at The Reuters Building, South Colonnade, Canary Wharf, London E14 5EP, United Kingdom (Reuters);

(3)                                  THE WOODBRIDGE COMPANY LIMITED, a corporation amalgamated under the laws of Ontario, Canada, whose registered office is at 65 Queen Street West, Suite 2400, Toronto, Ontario  M5H 2M8, Canada (Woodbridge); and

(4)                                  THOMSON-REUTERS LIMITED, a company incorporated in England and Wales with registered number 6141013 whose registered office is at The Quadrangle, 180 Wardour Street, London W1A 4YG, United Kingdom (Newco).

WHEREAS:

(A)                              The parties have entered into an implementation agreement dated 15 May 2007 (the Implementation Agreement) in connection with the proposed combination of Thomson and Reuters by the establishment of a dual listed company structure.

(B)                                The parties wish to amend the terms and conditions of the Implementation Agreement as set out in this deed.

(C)                                It is the intention of the parties that this document be executed as a deed.

THIS DEED WITNESSES as follows:

1.                                      INTERPRETATION

1.1                                 Unless the contrary intention appears, capitalised terms in this deed shall have the same meaning as set out in the Implementation Agreement.

1.2                                 In this deed, a reference to a clause, sub clause or schedule is a reference to a clause or sub clause of, or a schedule to, this deed.  The schedule forms part of this deed.

1.3                                 The headings in this deed do not affect its interpretation.

2.                                      AMENDMENT

The parties hereby agree that paragraph 1(b) of Part A of Schedule 2 of the Implementation Agreement be deleted in its entirety and replaced with a new paragraph 1(b) as set out in the schedule to this deed.

 

3



 

3.                                      GENERAL

3.1                                 A person who is not a party to this deed may not enforce any of its terms under the Contracts (Rights of Third Parties) Act 1999 or otherwise.

3.2                                 This deed may be executed in any number of counterparts, and by the parties on separate counterparts, but shall not be effective until each party has executed at least one counterpart.  Each counterpart shall constitute an original of this deed, but all the counterparts shall together constitute but one and the same instrument.

4.                                      GOVERNING LAW AND JURISDICTION

4.1                                 This deed is governed by English law.

4.2                                 The English courts have jurisdiction to settle any dispute, claim or controversy arising out of or in connection with this deed and the parties submit to the jurisdiction of the English courts.

4.3                                 Thomson irrevocably appoints The Thomson Corporation Plc of The Quadrangle, 180 Wardour Street, London, W1A 4YG to be its agent for the receipt of any claim form or other document in connection with legal proceedings under or in relation to this deed and agrees that any such document may be effectively served on it in connection with any such proceedings in England and Wales by service on its agent effected in any manner permitted by the Civil Procedure Rules.

4.4                                 Woodbridge irrevocably appoints The Thomson Corporation Plc of The Quadrangle, 180 Wardour Street, London, W1A 4YG to be its agent for the receipt of any claim form or other document in connection with legal proceedings under or in relation to this deed and agrees that any such document may be effectively served on it in connection with any such proceedings in England and Wales by service on its agent effected in any manner permitted by the Civil Procedure Rules.

IN WITNESS of which this deed has been executed and has been delivered on the date which appears first on page 1.

 

4



 

SCHEDULE

Paragraph 1(b) of Part A of Schedule 2 of the Implementation Agreement shall be replaced with the following:

“(b) either:

(i)                                     all applicable filings having been made and all or any applicable waiting periods (including any extensions thereof) under the United States Hart-Scott Rodino Antitrust Improvements Act of 1976 and the regulations thereunder having expired, lapsed or been terminated as appropriate, in each case in respect of the proposed combination of Reuters with Thomson and neither of the parties being subject to any order or injunction of a court of competent jurisdiction in the United States that prohibits consummation of the Transaction as a result of action brought by the US Federal Trade Commission or US Department of Justice; or

(ii)                                  if no such filings are required, then the US Federal Trade Commission or US Department of Justice having concluded its investigation and review of the proposed combination and notified the parties of its determination, either:

                                                (1)           not to seek to prohibit consummation of the Transaction; or

(2)                                   to seek to prohibit consummation of the Transaction; and, as at or on any date after the date 30 days after notification of such decision:

                                                 (A)          there not continuing to be any action, proceeding or suit outstanding for; and

                                                 (B)           neither of the parties being subject to,

                                                 any order or injunction of a court of competent jurisdiction in the United States that prohibits consummation of the Transaction as a result of action brought by the US Federal Trade Commission or US Department of Justice.”

 

5



 

SIGNATURES

 

 

EXECUTED as a deed by REUTERS GROUP PLC

)

 

acting by Devin Wenig

)

/s/ Devin Wenig

and Rosemary Martin

)

Director

 

 

 

 

 

 

 

 

/s/ Rosemary Martin

 

 

Secretary

 

 

 

 

 

 

 

 

 

EXECUTED as a deed by
THE THOMSON CORPORATION

)
)

 

acting by Robert D. Daleo

)

/s/ Robert D. Daleo

acting under authority of that company

)

Officer

 

 

 

 

 

 

 

 

 

EXECUTED as a deed by
THE WOODBRIDGE COMPANY LIMITED

)
)

 

acting by David W. Binet

)

/s/ David W. Binet

acting under authority of that company

)

Officer

 

 

 

 

 

 

 

 

 

EXECUTED as a deed by
THOMSON-REUTERS LIMITED

)
)

 

acting by Robert D. Daleo

)

/s/ Robert D. Daleo

and Stephane Bello

)

Director

 

 

 

 

 

 

 

 

/s/ Stephane Bello

 

 

Director

 

 

 

6


 

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