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The Omnicom Group and True North Communications have resumed talks over a possible acquisition, according to a representative of a high-stakes client of both companies, DaimlerChrysler.
Discussion of a deal comes as shortly after the automaker said it planned to consolidate its $1.5 billion account, now in joint custody of TN and Omnicom, at one company. That faceoff will not be affected by negotiations between TN and Omnicom, said Mike Aberlich of DaimlerChrysler, who said the automaker was aware of the talks.
“We are still looking for consolidation and efficiencies,” Aberlich said.
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