Cordiant buy fattens shop for takeover

Linnett, Richard
July 2000
Advertising Age;7/10/2000, Vol. 71 Issue 29, p1
Trade Publication
The article reports on U.S.-based Cordiant Communications Group PLC's acquisition of advertising firm Lighthouse Global Network Inc. The acquisition move has made Cordiant more attractive to potential buyers. Cordiant chief executive Michael Bungey said he expects the acquisition will be beneficial to the company.


Related Articles

  • THE KINGS OF MADISON AVENUE. Hatfield, Stefano // Campaign;03/10/2000, Issue 10, p30 

    Focuses on Michael Bungey, chairman of global advertising agency network Cordiant Communications Group. Career background; Company's efforts to remain independent; Factors affecting the company's business operations.

  • Bates Worldwide's Bungey to take charge of Cordiant. Tylee, John // Campaign;09/22/2000, Issue 38, p5 

    Reports that Michael Bungey will resign as chairman and chief executive of creative agency Bates Worldwide in order to concentrate on running its parent company Cordiant PLC. Appointments of Jean de Yturbe and Bill Whitehead to top positions; Financial performance of Cordiant; Cordiant's...

  • Bungey jumping as Bates CEO. Linnett, Richard // Advertising Age;9/18/2000, Vol. 71 Issue 39, p108 

    Reports the decision of Bates Worldwide Chairman Michael Bungey to step down from his post, effective September 2000. His decision to focus on Bates holding company Cordiant Communications Group; Bungey's accomplishments at Bates; Appointment of William Whitehead to replace Bungey.

  • Part-time chair to leave Cordiant. Britt, Bill; Wentz, Laurel // Advertising Age;9/23/2002, Vol. 73 Issue 38, p12 

    This article reports that Charlie Scott, part-time chairman of Cordiant Communications Group, will leave the company as soon as his successor is chosen. Mr. Scott joined Saatchi & Saatchi in 1989 as chief financial officer, and moved to Cordiant in 1997 when former Saatchi & Saatchi holding...

  • Media deals move towards endgame. Crawford, Anne-Marie // Ad Age Global;Aug2001, Vol. 1 Issue 12, p9 

    Reports on the global consolidation of media agencies. Details on the creation of Magna Global, a global media negotiation company; Merger of Publicis and Cordiants to form NewCo, a joint venture holding company; Sale of Tempus Group to Havas Advertising.

  • Picking over the wreck of D'Arcy.  // Marketing Week;10/24/2002, Vol. 25 Issue 44, p5 

    Discusses the implications of the demise of advertising agency D'Arcy for the future of publicly quoted marketing services group Cordiant. Shutdown of D'Arcy due to lackluster performance and substantial client departures; Signs that Cordiant may be a possible target for acquisition or breakup;...

  • Industry boom that cannot last forever.  // Campaign;08/25/2000, Issue 34, p30 

    Discusses the trend toward corporate mergers in the British advertising sector. Financial results of merged agencies; Impact on stock value; Success of Young & Rubicam Inc.'s acquisition of WPP Group PLC; Performance of the shares of stock of Cordiant Communications Group PLC.

  • Integration key to deal's success. Cardona, Mercedes M. // Advertising Age;6/23/2003, Vol. 74 Issue 25, p4 

    The article offers views on issues associated with the proposed integration of WPP Group PLC and Cordiant Communications Group PLC. WPP has acquired some useful assets, but it has also bought an integration problem just as it clears the integration of Young & Rubicam. Analysts say the price is...

  • WPP's Cordiant bid to prevail despite shareholder dramas. Wentz, Laurel; Hall, Emma // Advertising Age;7/14/2003, Vol. 74 Issue 28, p8 

    The article reports on the plan of advertising agency WPP Group to acquire shares at holding company Cordiant Communications in Great Britain in 2003. Key issues discussed include the value of the offer made by WPP Group for the shares and the plan of Active Value to oppose the bid made by WPP...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics