merger

Pfizer and Allergan Agree to $160 Billion Merger, Creating World’s Largest Health Care Company

Two giants of the health care industry, Pfizer and Allergan, announced Monday that they will merge to create the world's largest drug maker in terms of sales. Pfizer will buy Allergan, the maker of products like Botox, for $160 billion. 

Newly Combined Mullen Lowe Taps Ogilvy Leader to Run Its U.S. Offices

Now that Alex Leikikh is stepping up to global CEO at the newly merged Mullen Lowe Group, he has named an Ogilvy & Mather leader to run the combined agency's U.S. operations.

Comcast Hires SS+K to Help Bridge the Digital Divide

The Comcast-Time Warner merger is off but not Comcast's push to reduce the digital divide.

Mullen Will Merge With Lowe and Partners to Become Mullen Lowe Group

Interpublic Group today merged global shop Lowe and Partners with domestic player Mullen to create Mullen Lowe Group.The new operation, which IPG said would be a "creatively-driven global agency network," will be run by Mullen CEO Alex Leikikh. And as Leikikh becomes global CEO, Lowe CEO Michael Wall will exit.

Publicis Groupe Blames Weak Q3 on Merger Distractions

Publicis Groupe had another weak earnings period in the third quarter, as chief Maurice Lévy alluded to the company’s failed $35 billion merger with Omnicom and admitted "management was too focused on other plans and not enough on the short-ter

Eric Mower + Associates Gets a Presence in New York

Eric Mower + Associates is coming to the Big Apple.The Syracuse, N.Y.-based agency is merging with public relations specialist Middleton & Gendron in New York, giving Eric Mower a presence in advertising's largest market.

MDC’s Assembly Gets Bigger Through Another Merger

MDC Partners is merging media units again.Seven months after TargetCast merged with RJ Palmer to create Assembly, Assembly is absorbing Doner Media, the media planning and buying arm of Doner. 

Omnicom’s Net Income Grew 13% in Q2

Omnicom Group generated net income of more than $318 million in the second quarter, up 13 percent from the same period last year.Revenue for the quarter grew 6 percent to $3.87 billion, exceeding the estimates of Wall Street analysts, who had projected revenue of $3.74 to $3.82 billion, according to Yahoo Finance.

Office Depot’s Review Follows Merger With OfficeMax

Office Depot’s creative and media review comes amid store closings at the retailer, which merged with OfficeMax late last year.

Maurice Lévy Says Omnicom Merger Was ‘Dream of My Life’

Publicis Groupe CEO Maurice Lévy opened up today at a Salesforce.com conference in Paris about the dashed hopes he had for his company’s merger with Omnicom Group—a failed initiative that could have been the pinnacle of his well-regarded career but, with