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NEW YORK Grey Global Group said it has scheduled a shareholders meeting on March 3 for a vote on its proposed acquisition by WPP Group.
Grey shareholders who are eligible to vote (as determined at a Jan. 31 meeting) are invited to convene at 32 Old Slip in New York at 5 p.m. to decide how they wish to receive assets from the deal: in cash, WPP stock or a combination thereof.
Details of the impending union are contained in Grey Global Group’s proxy statement, which was mailed to shareholders on Feb.
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