IPG Preps Media Changes

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NEW YORK Interpublic Group is preparing a major reorganization of Interpublic Media, the holding company division that oversees three big media shops: Initiative, Universal McCann and Magna Global, sources said.

Mark Rosenthal, Interpublic Media CEO since mid-2005, is likely to step down from that post but could end up with another role at the company, according to sources. Rosenthal, who took a medical leave this summer, is still mulling his options and no final decision has been made, per sources.

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