Apr
27
M&A in Adland: One Big Deal. Scores of Smaller Deals
Posted in: Uncategorized
Publicis Chairman-CEO Maurice Levy told analysts April 17: “I have to say again and again and again that I’m confident that the deal will go through.” But Omnicom President-CEO John Wren said on an April 22 earnings call: “Given the proposed merger’s complexity and open issues, at this point it’s not practical to predict exactly when the transaction will close.”
Buying and selling
Publicis Omnicom Group would be the big deal, but agency companies over the past year have done other buying — and selling. Among the deals:
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