Also. . .
* Britain’s Trinity agreed to buy Mirror Group, publisher of the tabloid Daily Mirror, for $1.98 billion in stock and cash in a deal that would create the largest regional newspaper company in Britain. The deal marks the climax of a takeover battle for Mirror. Trinity would pay the equivalent of $4.34 per Mirror share, well above the roughly $3.20 offered by rival bidder Regional Independent Media. Trinity shareholders would own 48.4% of the new company, with Mirror investors holding 51.6%.
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* Pearson, publisher of the Financial Times newspaper, agreed to buy the Thomson Financial Securities Management unit from Canada’s Thomson Corp. for $150 million, to gain more access to financial data. The unit’s businesses will become part of Financial Times Group’s Asset Management Group, which is called Interactive Data in the U.S.
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