IPG Suffers $578 Mil. Loss in Q3

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NEW YORK Interpublic Group today reported a net loss of $578 million for the third quarter, due mainly to steep charges in two divisions: The Partnership, which includes Lowe and Draft, and the Constituency Management Group, which encompasses public relations, branding and event marketing shops.

The write-down at The Partnership amounted to $310 million, while the charge related to CMG was $132 million, IPG said.

The

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