Havas In The Aftermath Of Its Failed Grey Bid

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As Havas rushed to justify its failed bid for Grey last week, intrigue mounted about the fate of the French holding company, thought by most to be the next industry takeover target.

By week’s end, French corporate raider Vincent Bolloré, who has publicly confirmed a 10.4 percent stake in Havas, was said to have amassed 11 percent of shares. He believes he has the support of an additional 25 percent of Havas’ outside shareholders, sources said.

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