CHICAGO – Foote, Cone & Belding Communications signed a letter of intent to sell Krupp/Taylor, the Los Angeles-based direct mail production operation, to DIMAC Corp./St. Louis. DIMAC Corp. is the parent of DIMAC Direct, the 8th largest direct marketing agency in the United States. Terms of the agreement were not disclosed. FCB has owned K/T since 1987.
Copyright Adweek L.P. (1993)