Havas Denies Accounting Irregularities

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BOSTON Havas on Thursday said in a terse statement that “it formally denies rumors that circulated in the financial markets this morning regarding alleged accounting irregularities.”

The Paris-based holding company went on to say: “As a result the group has today requested that the AMF [French authorities] immediately launch an investigation into possible manipulation of the Havas share price.”

Havas officials could not immediately be reached. Havas shares closed yesterday on the Nasdaq exchange at $6.50.



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