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  1. #1
    vincent829 is offline Newbie
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    Wink Help about two phrases

    Reuters has sailed on serenely, pegged to the terms of a cash-and-share deal the chief executive agreed with Thomson of Candada back in May.

    Can someone explain the meaning of the phrases with bule? Thanks

  2. #2
    Anglika is offline No Longer With Us
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    Default Re: Help about two phrases

    Welcome to the forums.

    "sailed on serenely" = metaphor saying that Reuters has not had to alter its way of doing things.

    "pegged to the terms" = the terms of the deal agreed are fixed/unchangeable.

  3. #3
    vincent829 is offline Newbie
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    Default Re: Help about two phrases

    Quote Originally Posted by Anglika View Post
    Welcome to the forums.

    "sailed on serenely" = metaphor saying that Reuters has not had to alter its way of doing things.

    "pegged to the terms" = the terms of the deal agreed are fixed/unchangeable.

    Thank you for ur propmt and accurate reply.

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