Grey Global Group Net Income Down 58 Percent in 2Q

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NEW YORK–Grey Global Group reported a net income of about $2.4 million for the second quarter, down almost 58 percent from $5.7 million for the same period last year.

For the first half of the year, Grey reported $2.7 million in net income, a 75 percent drop from last year’s first half figure of $10.9

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