Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.






BJK&E Rejects Omnicom Buyout Offer





NEW YORK–Bozell, Jacobs, Kenyon & Eckhardt





chairman Leo Kelmenson announced late last week that the privately held company’s board of directors had ‘unanimously’ rejected an offer from Omnicom Group to purchase BJK&E. Kelmenson, who cited financial and ‘operational considerations’ as reasons for the rejection, said Chrysler had been notified of the decision. Terms were not disclosed. Omnicom president and chief executive John Wren declined comment. BJK&E remains in discussions with True North Communications in Chicago, sources said.
















AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in