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Interpublic Group's net income grew by a third in the fourth quarter of last year, helping the company achieve significant income growth for all of 2011.
Net income for the year nearly doubled to more than $520 million, up from $271 million in 2010. A significant chunk of that growth, of course, stemmed from the company's sale of half its stake in Facebook during the third quarter. That deal resulted in a pre-tax gain of about $132 million.
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