Thomson Reuters – Reclaiming the family’s bastion
When Canada’s richest family realized that the high-profile adventurous merger of its largest owned entity, Thomson, with Reuters, was a fatal decision, it was too late to change tracks. This was perhaps the most flawed capital allocation decision in its history.
But this has reversed now.
In this post, I explain the market misconceptions and what makes TRI a stunning business. I delve further into how I identified the stock after having it on my watchlist for a number of years.