Government Probe Hits Ad Biz

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Grey Worldwide has confirmed that it is cooperating in a Department of Justice investigation involving at least one print- production company.

“The government has been conducting an investigation of various companies within the print-production industry,” Grey said in a prepared statement. “Grey has fully cooperated with this investigation to the extent we’ve been asked.”

The Grey representative in New York would not identify the com pany or companies involved or discuss the issue further.

But sources said that one of the companies under investigation is the New York print-production house Color Wheel and that the allegations center on financial improprieties.





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