Laura Wallace
Thomson Reuters PLC
TRIN-Q
BUY
May 23, 2008
If you own Thomson Reuters (TRI-T), consider selling for the capital loss and buying this one, which trades at a 12% to 13% discount to the Canadian one. Exactly the same company, but you are getting it at a discount. Over time, they'll both come back to the same price.
In the merger of Thompson and Reuters, a bit of an anomaly. Canadian shareholders have Thompson Reuters Corp shares (TRI-T) while the Reuters shareholders have Thompson Reuters PLC shares. Both have the same attributes but this is trading at about a 15% discount.