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Two Arkansas agencies–Cranford Johnson Robinson Woods of Little Rock and Blackwood Martin & Associates of Fayetteville–plan to merge, pending the approval of CJRW’s employee stock ownership plan.
Frank Cox, CJRW president and chief executive officer, said formal merger discussions began 17 months ago. The talks were spurred by his shop’s desire to add Blackwood’s sales promotional expertise and gain a foothold in Northwestern Arkansas, home to Wal-Mart and Tyson Foods.
CJRW claims $53 million in billings and has 91 employees.
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