Oct 06

TNS Board Backs WPP Takeover Bid

Posted in: Uncategorized

NEW YORK (AdAge.com) — After a testy five-month "courtship" and plenty of rebuffs, Taylor Nelson Sofres changed its stance and today said its board will now back a takeover by ad giant WPP Group — even though TNS still believes the $2 billion offer undervalues the company.

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