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Published on 9/16/2009 in the Prospect News Special Situations Daily.

ValueAct sells 1.1 million shares, cuts stake in Thomson Reuters to 1%

By Lisa Kerner

Charlotte, N.C., Sept. 16 - Investors led by ValueAct Capital Master Fund, LP sold 1.1 million shares of Thomson Reuters Corp. between Aug. 24 and Sept. 14 at prices from $31.36 to $34.85 each, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.

Between July 23 and Aug. 21, ValueAct sold 2,640,224 shares, a prior SEC filing said.

ValueAct beneficially owns 8,409,918 shares, or 1%, of the New York information services company.


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