(Bloomberg) -- Thomson Corp. and Reuters Group Plc set a goal of $500 million a year in cost reductions from their $17.2 billion combination. Investors say the merged company can save more.
``It's not an overly ambitious target,'' about 5 percent to 6 percent of the companies' $11 billion in revenue, said Anthony de Larrinaga, an analyst at SG Securities in London.
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