[Primark Logo and Letterhead]
NEWS
RELEASE
Contact: Vicki Van Mater, Corp. Comm., 703-790-7613
([email protected])
---------------------------
THOMSON AND PRIMARK RECEIVE U.S. DEPARTMENT OF JUSTICE
REQUEST FOR ADDITIONAL INFORMATION ON THOMSON'S
ACQUISITION OF PRIMARK
TORONTO, ONTARIO, and WALTHAM, MA, June 28, 2000 - The Thomson Corporation
(TSE: TOC) and Primark Corporation (NYSE/PCX: PMK) announced today that
Thomson and Primark have received a request for additional information and
documentary material from the Antitrust Division of the Department of
Justice following from the DOJ's routine review of the proposed acquisition
of Primark by Thomson.
The waiting period under the Hart-Scott-Rodino Act will expire ten days
after Thomson substantially complies with the DOJ's request. Thomson and
Primark intend to comply substantially and promptly with the request.
The Thomson Corporation (www.thomson.com), with 1999 revenues of US$5.8
billion, is a leading, global e-information and solutions company in the
business and professional marketplace. The Corporation's common shares are
listed on the Toronto and London Stock Exchanges.
Primark Corporation (www.primark.com), headquartered in Waltham,
Massachusetts, is a $500 million global information services company that
collects, integrates and delivers financial, and economic information.
Through its premier brands, such as A-T Financial Information, Baseline,
Disclosure, Datastream, Global Access, GlobalTOPIC, MarketEye, PIMS, WEFA,
Worldscope and Vestek, Primark is at the forefront of the international
investment information business. Primark serves financial, corporate and
government decision-makers in 61 countries through 86 offices in 24
countries. Over 1,000 of Primark's 3,500 employees are engaged in the
collection of financial and economic data.
THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS, WHICH ARE BASED ON
THE CORPORATION'S CURRENT EXPECTATIONS AND ASSUMPTIONS AND ARE SUBJECT TO A
NUMBER OF RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO
MATERIALLY DIFFER FROM THOSE ANTICIPATED. SUCH RISKS AND UNCERTAINTIES INCLUDE,
AMONG OTHERS, GENERAL BUSINESS AND ECONOMIC CONDITIONS AND COMPETITIVE ACTIONS.
###
