Thomson Closes Deal for AFX

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Thomson Financial confirmed last week its purchase of London-based AFX News.

Under the deal, which was signed on Wednesday night, Thomson will acquire AFX from parent company Agence France Presse. According to a statement, it plans to use the purchase to build a European real-time financial news service covering multiple asset classes and offering news, commentary and analysis. AFX News will be available over Thomson One as well as through existing channels.

The purchase will also support the

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