Carmichael Deal Expected to Be Struck Today
CHICAGO–Interpublic Group of Cos. is expected to announce this week its acquisition of Carmichael Lynch. The Minneapolis agency has approximately $200 million in billings from clients like Harley-Davidson Motor Co., Harrah’s Entertainment and Boston Beer Co. IPG already owns a 50 percent stake in Minneapolis-based Campbell Mithun Esty. Separately, Jack Connors, agency chief at Boston’s Hill, Holliday, Connors, Cosmopolus, denied reports that he also is in acquisition talks with IPG.
DMB&B to Handle Launch of Cadillac SUV
DETROIT–D’Arcy Masius Benton & Bowles’ Los Angeles office will handle the launch of General Motors’ Cadillac division’s sports utility vehicle this fall, said Steve Rosenblum, Cadillac’s advertising director. DMB&B’s Troy, Mich., office remains lead agency for the Cadillac account, but will not be involved on the SUV account, he said. Rosenblum denied reports the automaker would consider other agencies for the assignment. Billings for the SUV were not disclosed.
TN Broaches Media Partnership With Dentsu
NEW YORK–True North Communications has approached Dentsu in Tokyo about creating a global media buying partnership with TN Media. Sources said TN president Chuck Peebler has already put forth a proposal to Dentsu, but has not yet received a response. Peebler denied any current discussions with Dentsu about a partnership. Dentsu declined comment.
Publicis/Bloom, Aamco Split; New Shop Sought
NEW YORK–Publicis/Bloom here and Aamco Transmissions have parted ways after only five months. Publicis cited “strategic and philosophical” differences. Jack Wilkie, vice president of marketing and franchise development for the Bala Cynwyd, Pa.-based client, said it was “mutually agreed upon to terminate” the relationship. Estimated media expenditures for the creative-only account are $20 million, according to Wilkie.
Aamco will not conduct a broad-based search, but rather it will contact agencies involved in last year’s pitch.
Joe Boxer in ‘Final Negotiations’ With Fallon
SAN FRANCISCO–Joe Boxer here is in “final negotiations” to award a strategic branding assignment to Fallon McElligott’s New York office after a review, said Denise Slattery, the client’s vice president of marketing. Creative and media duties for the underwear and apparel company will continue to be handled in-house, sources said.
Nordstrom Names Finalists for Project
LOS ANGELES–Nordstrom has narrowed its list of contenders for a long-term branding project to four finalists: Saatchi & Saatchi, Torrance, Calif.; The Richards Group, Dallas; N.W. Ayer & Partners, New York; and Fallon McElligott, Minneapolis, according to Select Resources International, the Los Angeles consultancy handling the review. A decision is due by the end of March, SRI’s Catherine Bension said. Billings are undisclosed.