Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
The Leap Group’s sale of the bulk of its One World Communications subsidiary to Young & Rubicam is being held up by legal wrangling that could derail the deal, according to the company’s quarterly report.
Leap in July announced it had reached an agreement to sell to Y&R its Asian American agency, Kang & Lee, and the AT&T business of YAR Communications, all of which Leap had grouped under the One World unit. The sale price was estimated by sources at $10-15 million.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in