Thomson Corporation Acquires Hildebrandt International

Here's the official press release:

EAGAN, Minn., 01/18/2005

Hildebrandt International, a premier management consulting services firm to legal organizations world-wide, and The Thomson Corporation (TSX: TOC; NYSE: TOC) today announced that they have signed a definitive agreement under which Thomson will acquire Hildebrandt. The terms of the acquisition were not disclosed.

Combined, Hildebrandt International and Thomson bring unrivaled industry insight, client knowledge and consulting expertise, providing exceptional management, organizational and technology advice and services to the legal profession.

Hildebrandt will continue to operate as an independent business, and will be aligned with Thomson Legal & Regulatory, the largest market group within Thomson. Brad Hildebrandt, founder and chairman, and his management team, will continue to run the business and drive the overall direction of the organization. Hildebrandt will continue to be based in New Jersey with offices in Chicago, Washington, D.C., San Francisco, Bonita Springs, Fla. and London.

"Thomson and Hildebrandt share a common goal to help professional services organizations become more competitive, efficient and profitable," said David Hanssens, Chief Strategy Officer for Thomson Legal & Regulatory. "We will combine Hildebrandt's expertise in consulting to legal organizations with the expertise of Thomson's strategic business consultants to deliver deeper, broader client service, insights and analysis to our clients. Moreover, these insights will help shape the development of new services that enable legal organizations to better manage their information and make better decisions."

"This acquisition brings together the legal profession's most influential businesses and brands," said Hildebrandt. "This is a significant advance for Hildebrandt, already known worldwide for its strategic vision and insights. We believe we will be able to enhance and broaden our skills and service which will have major benefits for our clients."

About The Thomson Corporation

The Thomson Corporation (, with 2003 revenues from continuing operations of $7.44 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With operational headquarters in Stamford, Conn., Thomson has approximately 38,000 employees and provides services in approximately 130 countries. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

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