Mar
18
Aegis Names CEO, Reports Revenue Down 9.7% for ’09
Posted in: Uncategorized
LONDON (AdAge.com) — Aegis Group has announced a $268 million bond issue to raise money for acquisitions in the U.S. and China, and also promoted Jerry Buhlmann, CEO of Aegis Media EMEA (the region covering Europe, the Middle East and Africa), to CEO of Aegis Group, starting May 1. At its annual results meeting this morning, London-based Aegis announced a 9.7% fall in organic revenue, which excludes currency fluctuations, acquisitions and sales, to $2.06 billion in 2009.
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