IPG, Mullen Hold Talks

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Interpublic Group of Cos. has its sights set on yet another New England shop.
Sources last week said Mullen, the largest independent agency in the region, is in talks to be acquired by the New York-based holding company that just one year ago bought Hill, Holliday, Connors, Cosmopulos.
Chief executive officer Jim Mullen last week denied that a sale of his 29-year-old shop is imminent, but did say “there’s not a major, acquisition-minded organization” that he hasn’t talked to recently.

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