Thomson Completes Canopus Acquisition

Thomson has completed its acquisition of Canopus, the Japan-based developer of NLE software, which was announced last December.

At the close of the offer, 55,981 shares had been tendered; the offer price was 148,000 yen ($1,238 U.S.). Upon settlement, Thomson's ownership of Canopus will be 86,581 shares or 94.31 percent, including the 30,600 shares that will be purchased from Mr. Hiroshi Yamada, chairman and CEO of Canopus and members of his family. Settlement will occur on Jan. 24.