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While executives at Arnold Communications worked to determine which of its offices would handle a $50 million assignment from Circuit City, a Canadian agency has signed a letter of intent to buy New England’s largest shop.
While admitting he is “not optimistic” that a deal will be finalized, Wolf Group chairman and chief executive officer Larry Wolf said last week he had a letter of intent signed Sept. 8 by Arnold chairman and chief executive Ed Eskandarian.
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