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True North and CCG Talks Under Way

CHICAGO—Talks are ongoing between True North Communications and Cordiant Communications Group, with a deal possible as soon as this month, according to sources. London-based CCG has been in acquisition talks with Chicago-based TN since before the holidays [Adweek, Dec. 18]. Representatives of the two holding companies could not be reached for comment.

Y&R Eliminated From Ericsson Review

NEW YORK—Ericsson has cut incumbent Young & Rubicam from its $100 million global consumer-products review, sources said.





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