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Leap Seeks Buyer for California Office
CHICAGO–The Leap Group in Chicago reported in its fiscal year earnings statement for the year ending Jan. 31 that it expects to save $3.5 million through the restructuring of its Santa Monica, Calif., office, which recorded an operating loss for the year of $4.3 million. Leap fired the office’s management in October and now plans to sell the building for which it paid $2 million. A Leap representative said the agency plans to remain in the Los Angeles area.
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