International Thomson Organization
International Thomson Organization (ITO) was a company that existed from 1978 to 1989. It was formed as a reorganisation of the Thomson Organization, which had been founded by Roy Thomson, 1st Baron Thomson of Fleet (Lord Thomson of Fleet; 1894–1976) in 1959. It was a holding company for interests in publishing, travel, and natural resources. It merged with Thomson Newspapers to become the Thomson Corporation in 1989.
| Industry | Holding company |
|---|---|
| Fate | Merged with Thomson Newspapers |
| Predecessor | Thomson Organization |
| Successor | Thomson Corporation |
| Founded | 1978 |
| Defunct | 1989 |
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 son Kenneth Thomson, ITO sold its natural resources and continued expanding in publishing and media. In 1981, it acquired the publishing operations of Litton Industries.[2] By 1986, International Thomson had acquired business publisher Warren, Gorham & Lamont; legal publishers Callaghan & Company and Clark Boardman; and automotive publishers Ward's.[3] Other publishers acquired include Gale, Mitchell, Thomson & Thomson, Sweet & Maxwell, Chapman & Hall, and Routledge. It included Jane's Information Group, an information company specializing in military intelligence.
References
- Collins, Joseph (1978-08-08). "Thomson base moving from Britain to Canada". The New York Times. Retrieved 2020-05-31.
- Kleinfield, N. r (1981-01-29). "Litton Plans Publishing Group Sale". The New York Times. ISSN 0362-4331. Retrieved 2019-11-11.
- Fabrikant, Geraldine (1986-12-04). "Thomson's American Quest; Big Purchases by Publisher". The New York Times. ISSN 0362-4331. Retrieved 2019-11-11.
