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 2016 | Commission File Number: 1-31349 |
THOMSON REUTERS CORPORATION
(Translation of registrants name into English)
3 Times Square
New York, New York 10036, 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 ¨ 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): ¨
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.
THOMSON REUTERS CORPORATION (Registrant) | ||
By: | /s/ Marc E. Gold | |
Name: Marc E. Gold | ||
Title: Assistant Secretary |
Date: October 3, 2016
EXHIBIT INDEX
Exhibit |
Description | |
99.1 | News release dated October 3, 2016 Thomson Reuters Closes Sale of Intellectual Property & Science Business for $3.55 Billion |
Exhibit 99.1
Thomson Reuters Closes Sale of Intellectual Property & Science Business for $3.55 Billion
NEW YORK, October 3, 2016 Thomson Reuters (TSX/NYSE: TRI) today announced that it has closed the sale of its Intellectual Property & Science (IP&S) business to Onex Corporation and Baring Private Equity Asia for $3.55 billion in cash. Thomson Reuters plans to use about $1 billion of the net proceeds to buy back shares and the balance to pay down debt and reinvest in the business. Any share buybacks will be part of the companys previously announced $1.5 billion share buyback program.
Following todays closing, Thomson Reuters is organized in three business units supported by a corporate center Financial & Risk, Legal and Tax & Accounting. The company also operates Reuters, a leading provider of real-time, high impact, multimedia news and information services.
Thomson Reuters
Thomson Reuters is the worlds leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, visit www.thomsonreuters.com.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this news release are forward-looking, including the companys current expectations regarding its uses of proceeds from the sale. These forward-looking statements are based on certain assumptions and reflect our companys current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including factors discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. There is no assurance that the events described in any forward-looking statement will materialize. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements.
CONTACTS
MEDIA
David Crundwell Senior Vice President, Corporate Affairs +44 20 7542 8763 david.crundwell@thomsonreuters.com |
INVESTORS
Frank J. Golden Senior Vice President, Investor Relations +1 646 223 5288 frank.golden@thomsonreuters.com |