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Carmichael Deal Expected to Be Struck Today
CHICAGO–Interpublic Group of Cos. is expected to announce this week its acquisition of Carmichael Lynch. The Minneapolis agency has approximately $200 million in billings from clients like Harley-Davidson Motor Co., Harrah’s Entertainment and Boston Beer Co. IPG already owns a 50 percent stake in Minneapolis-based Campbell Mithun Esty. Separately, Jack Connors, agency chief at Boston’s Hill, Holliday, Connors, Cosmopolus, denied reports that he also is in acquisition talks with IPG.

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