Havas Extends Tempus Offer

BOSTON–Havas Advertising, the Paris-based holding company engaged in a battle with larger WPP Group for media specialist Tempus Group, on Tuesday said it has received acceptances for 25.6 percent of Tempus shares and has acquired a further 3.6 percent of the company, bringing its total stake in Tempus to almost 30 percent.

Havas has extended until Sept. 3 its $610 million offer for Tempus and said in a prepared statement that it “has noted the announcement of a counter offer for Tempus and is considering its position in light of this.”