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Fogarty Klein Reclaims Independence
DALLAS–Just two years after selling to Lois USA in 1997, Fogarty Klein & Partners has regained its independence. Following the parent company’s bankruptcy filing last month, the Houston-based agency quickly reached an agreement to buy itself back, partner Bill Fogarty said last week. The deal requires court approval; the decision date is Nov. 17. Fogarty declined to say how much it cost to reclaim his agency, but said, “We’re comfortable with it.”

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