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International Thomson Organization(ITO) was aholding companyfor interests in publishing, travel, and natural resources, that existed from 1978 to 1989. It was formed as a reorganisation of theThomson Organization,which had been founded byRoy Thomson, 1st Baron Thomson of Fleet(Lord Thomson of Fleet; 1894–1976) in 1959. It merged with Thomson Newspapers to become theThomson Corporationin 1989.
| Industry | Holding company |
|---|---|
| Predecessor | Thomson Organization |
| Founded | 1978 |
| Defunct | 1989 |
| Fate | Merged withThomson Newspapers |
| Successor | Thomson Corporation |
ITO was formed in order to move the Thomson Organization's operating base from Britain to Canada, so that it would not be subject to British monopolies legislation, foreign-exchange controls and dividend limitation.[1]Under Roy Thomson's sonKenneth Thomson,ITO sold its natural resources and continued expanding in publishing and media. In 1980, Thomson acquiredJane's,an publishing company specializing in military intelligence. In 1981, it acquired the publishing operations ofLitton Industries,including thePhysicians' Desk Reference.[2]By 1986, International Thomson had acquired business publisher Warren, Gorham & Lamont; legal publishers Callaghan & Company and Clark Boardman; and automotive publishersWard's.[3]Other publishers acquired includeGale,Mitchell,and Thomson & Thomson. In 1988, ITO acquired the British company Associated Book Publishers, which includedSweet & Maxwell,Chapman & Hall,The Law Book Company of Australasia, andRoutledge.[4]In 1989, ITO acquired Lawyers Cooperative Publishing, including subsidiaries Bancroft-Whitney and Research Institute of America.[5]
References
edit- ^Collins, Joseph (1978-08-08)."Thomson base moving from Britain to Canada".The New York Times.Retrieved2020-05-31.
- ^Kleinfield, N. r (1981-01-29)."Litton Plans Publishing Group Sale".The New York Times.ISSN0362-4331.Retrieved2019-11-11.
- ^Fabrikant, Geraldine (1986-12-04)."Thomson's American Quest; Big Purchases by Publisher".The New York Times.ISSN0362-4331.Retrieved2019-11-11.
- ^Toman, Barbara (1987-06-18)."Associated Book Endorses Bid By Canada Firm".Wall Street Journal, Eastern edition.New York, N.Y., United States. p. 1.ISSN0099-9660.ProQuest398009763.Retrieved2021-03-02.
- ^Kreisler, Nancy H. (1989-05-03)."THE MEDIA BUSINESS; Thomson in Deal for Lawyers Co-op".New York Times, Late Edition (East Coast).New York, N.Y., United States. pp. –21.ISSN0362-4331.ProQuest427195376.Retrieved2021-01-25.
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