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BOSTON Grey Global Group said its second-quarter revenue increased nearly 14 percent to $364 million compared with the same period a year ago, while revenue for the first six months of 2004 increased about 15 percent to $707 million.
On a constant currency basis, revenue was up about 7 percent for both the quarter and six-month period.
Separately, Brookside Capital Partners, a major institutional shareholder, halved its stake in Grey to 3.7 percent as the holding company awaits potential bidders to complete financial due diligence.
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