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NEW YORK — Interpublic Group on Wednesday reported worldwide revenue of $1.5 billion in the third quarter of 2002, down from previous forecasts. The company attributed the lower than expected results to “unanticipated charges” at McCann-Erickson.
Those charges stem from an accounting imbalance among McCann offices in Europe. In August, IPG estimated that the imbalance would be $68.5 million. Last month, the company said the figure would not exceed $120 million. Now, IPG says the “final amount” is $181.3
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