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Grey Global Net Profit up 18.6% in Q1
Grey Global Group last week said first-quarter net income rose 18.6 percent to $5.1 million on a 4.2 percent increase in revenue to $297.6 million. Diluted earnings per share climbed 6.8 percent to $3.12.
IPG Signs NFO Deal With Taylor Nelson Sofres
IPG has signed a definitive agreement to sell its NFO WorldGroup research unit to Taylor Nelson Sofres for $425 million. TNS will pay $400 million in cash and $25 million in shares.
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