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A Court Dismisses TN’s Claim vs. Publicis
CHICAGO–A London arbitration court has denied True North Communications’ request for $106 million in damages on the claim it got unfair share-exchange value when Publicis S.A. merged with Publicis Communications in December 1998. The ruling by the International Arbi-tration Court stems from the long-running feud between Publicis, Paris, and TN, Chicago, whose eight-year partnership ended in 1997.

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