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Topic: merger

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Omnicom's Net Income Grew 13% in Q2 Revenue growth exceeded Wall Street's expectations

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…

July 22, 2014, 8:04 AM EDT

Office Depot's Review Follows Merger With OfficeMax Retailers combined forces in November

Office Depot’s creative and media review comes amid store closings at the retailer, which merged with OfficeMax late last year. The decision to close 400 stores by the end of 2016…

July 21, 2014, 1:06 PM EDT

Maurice Lévy Says Omnicom Merger Was 'Dream of My Life' Publicis Groupe boss acknowledges loss of face

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…

June 26, 2014, 2:17 PM EDT

Sir Martin Sorrell Speaks From the Croisette on Publicis-Omnicom and Content And keeping an eye on the World Cup

CANNES, France—WPP CEO Sir Martin Sorrell, in a sitdown with Adweek in the sun-dappled MediaCom suite at the Martinez hotel, continued his dissection of the failed Publicis-Omnicom merger. "It didn't do…

June 20, 2014, 3:24 AM EDT

Publicis and Omnicom Call Quits on Merger Widely expected in recent weeks

What were they thinking in the first place? Now that Publicis Groupe and Omnicom have called off their $35 billion merger, the differences between the two companies as they attempted to…

May 8, 2014, 8:05 PM EDT

On Q1 Earnings Call, Omnicom's Wren Addresses Merger Concerns Cites tax residency issues

While Omnicom reported first-quarter worldwide revenue rose 3 percent, the real news in the company’s call with investors was its cautious outlook about the merger prospects with Publicis Groupe. Omnicom chief…

April 22, 2014, 10:35 AM EDT

Publicis Groupe Posts 3% Organic Growth in Q1 In interview, CEO Lévy shrugs off talk of merger troubles

Revenue at Publicis Groupe, driven largely by digital operations, rose more than 3 percent organically in the first quarter, a “marked improvement” from the fourth quarter when it was flat,…

April 17, 2014, 9:34 AM EDT

Comcast's Cohen Defends Time Warner Cable Deal Calls Netflix blog post 'hogwash'

David Cohen, Comcast's evp and unofficial top lobbyist, is ready to take on any objection to the company's proposed eye-popping $45 billion bid to buy Time Warner Cable. In an interview…

March 28, 2014, 3:36 PM EDT

Organic Growth Flattens Out for Publicis Groupe Hit by Q4 slowdown in emerging markets

Publicis Groupe, in the process of a merger with Omnicom Group, said organic growth was flat in the fourth quarter of last year, in contrast to a 3 percent rise…

February 13, 2014, 10:31 AM EST

Omnicom's Q4 Net Declines 2% Merger costs impact profits

Omnicom Group, hit by professional fees related to its proposed merger with Publicis Groupe, said fourth-quarter net income declined 2 percent to $300.5 million from $307.1 million in the same…

February 11, 2014, 9:09 AM EST

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