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Initiated Deal to Buy Entertainment Shop
BOSTON–Larry Weber is playing a key role in McCann-Erickson WorldGroup’s quest to acquire Los Angeles-based public relations firm PMK, said sources close to the negotiations.
The chairman and chief executive of McCann unit Weber Public Relations Worldwide in Cambridge, Mass., first met with PMK president Pat Kingsley nearly two years ago, and current negotiations could result in an agreement within the next few weeks, sources said.
A McCann representative confirmed that discussions are ongoing but would not provided a time table for the acquisition’s completion.
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