NEW YORK, May 4 (UPI) -- Reuters, the British news and financial data company, says it has received a tentative takeover bid from an unidentified suitor.
Reuters said there was no certainty the "preliminary approach" would lead to an actual bid. Word of the report, however, sent the company's stock soaring 21 percent to $11.83 a share and a worth of $16 billion.
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The offer was believed to have come from Canadian rival Thomson, the Financial Times said, but neither Thomson nor Reuters would comment.
The approach comes days after Dow Jones & Co., the New York-based publisher of The Wall Street Journal, received a takeover offer from Rupert Murdoch's News Corp., the New York-based media conglomerate.
