Thomson Buys Its Way Onto the A-List With Primark
ORGANIZATION & MANAGEMENT
TORONTO, ONT.--Thomson Financial made good on its threat to buy its way onto the A-list of financial services vendors by announcing its plans to acquire Primark Corp. for $842 million in cash and assuming its debt load of $235 million. And Thomson Financial president Pat Tierney says the Primark deal will not be the company’s last.
The combined entity will have over 10,000 employees and over $2 billion in revenue. More importantly, the Primark acquisition will greatly expand Thomson’s presence
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