Duffy Leaves Publicis Fold to Go It Alone

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Fallon cites problem of conflicts; others say issue was cost-cutting

CHICAGO Pat Fallon and Joe Duffy have been friends for nearly 40 years and business partners for half that. But the two are ending their business relationship due in part to what sources described as a cost-cutting initiative.

Last Friday, the two executives confirmed the split but denied Publicis Groupe CEO Maurice Lévy was behind the separation.

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