Advertising Firms Omnicom and Interpublic Nearing Merger That Would Reshape Industry
A deal would create the world’s largest advertising company, with net revenue of more than $20 billion, topping WPP’s $15.1 billion.
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Omnicom and Interpublic to Merge, Creating Ad Agency Giant
If successful, Omnicom and Interpublic would become the largest advertising company in the world, with more than $25 billion in combined revenue.The New York Times - 2d -
Judges block Kroger-Albertsons merger. Continuing the courtroom fight could test investors’ patience.
The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.MarketWatch - 23h -
Manhunt for US executive’s killer becomes a search for motive
Luigi Mangione, charged with last week’s gruesome New York murder, has drawn wave of morbid admirationFinancial Times - 1d -
Omnicom to Acquire Interpublic in Deal That Will Reshape Advertising Industry
The Wall Street Journal reported Sunday that the companies were in advanced merger talks.The Wall Street Journal - 2d -
Omnicom aims for a Mad Men comeback with $13bn Interpublic deal
Tie-up fulfils long-held ambition of chief John Wren as industry fights threat from large tech groupsFinancial Times - 2d -
Omnicom and AssuredPartners mergers highlight need for ‘scale’ as dealmakers get busy
A pair of big-money acquisitions by advertising company Omnicom and insurance broker Arthur J. Gallagher tip the scales at a combined $27 billion.MarketWatch - 2d -
Omnicom Will Buy Interpublic, Creating Global Ad Giant
The combined agency will be worth over $30 billion once the stock-for-stock deal closes.Inc. - 2d -
Interpublic’s stock is jumping after Omnicom deal. Here’s what is happening.
Interpublic’s stock jumped Monday after multiple reports it may merge with Omnicom in a deal that that would create the largest advertising company.MarketWatch - 2d -
Omnicom and Interpublic in merger talks to become largest advertising group
A $30bn-plus deal would come as most of the money in the industry is being siphoned off by big tech companiesFinancial Times - 3d
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