TITLE

WPP resumes negotiations to acquire Y&R

AUTHOR(S)
Linnett, Richard; Wentz, Laurel
PUB. DATE
May 2000
SOURCE
Advertising Age;5/8/2000, Vol. 71 Issue 20, Preceding p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the advertising company, WPP Group PLC, is renegotiating for the acquisition of Young and Rubicam Inc. The potential merger could create the largest advertising company in the world, with worldwide revenue of $6.7 billion. WPP's offer is said to stand at 0.83 shares of WPP stock for each share of Young and Rubicam's stock. INSET: Georgescu, top managers would be..., by Charles Keenan.
ACCESSION #
3082913

 

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