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True North Seeks Another Acquisition
CHICAGO – True North Communications chief executive officer Bruce Mason said the company has had “preliminary conversations” with more than one global agency it might be interested in acquiring. He said the Bates Worldwide unit of Cordiant Communications Group would be a “good possibility” as the object of those discussions. However, Michael Bungey, Bates worldwide chief executive, denied the agency has had any talks with Mason. Sources said TN has a meeting scheduled in June to meet with Havas executives to discuss a possible acquisition.

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