WPP Group Bid for TNS Rejected

NEW YORK (AdAge.com) — TNS, one of the industry's top research providers, rejected an unsolicited $1.87 billion takeover bid this weekend from ad holding company WPP Group. The bid came only days after London-based TNS announced a proposed merger with German research company GfK, which would make it the world's second-largest information group by revenue, according to TNS.

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