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Topic: merger

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…

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…

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,…

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…

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…

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…

Xaxis Merger Chases Programmatic Vision

Finalizes union with 24/7 Media

The new Xaxis—now merged with 24/7 Media—officially unfurled its new corporate structure today. The union of the two entities, which are companion companies under WPP Group, created a supersized programmatic…

NYC Official Again Prods Omnicom, Publicis to Reveal Hiring Trends

Comptroller wants to know the number of minorities, women in their ranks

New York City comptroller John Liu has renewed a previous call for Omnicom Group and Publicis Groupe to disclose the numbers of minorities and women in their ranks, amid the…

Roth Associates Merges With The Observatory

Combined consultancy will operate in 10 cities

After six years of courting, Roth Associates and The Observatory International are tying the knot. The consultancies, which primarily help marketers search for ad agencies, are merging to create Roth Observatory…

Lowe Name Returns to New York

Agency, via merger with Campbell Ewald, reestablishes itself in the Big Apple

Lowe’s divorce from Deutsch is complete. The agency, buoyed by its merger three months ago with fellow Interpublic Group shop Campbell Ewald, is opening an office in New York, thereby reestablishing…

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