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Leap Group Selling Ethnic Shops to Y&R
CHICAGO–In a continuing effort to shift focus toward its Internet arm, The Leap Group here said it has signed a letter of intent to sell the two ethnic agencies grouped under its One World Communications subsidiary to Young & Rubicam in New York. Terms of the sale were not disclosed, but sources said Y&R is paying a total of $10-15 million. Leap purchased YAR Communications, New York, in April 1997 for $23.4

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