Leonard/Monahan Braces To Shut Down Operations

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After 20 years in the ad business, Leonard/Monahan last Friday announced it was closing its doors for good.
Led by chairman Bruce Leonard, the shop attempted to steer a new course in the aftermath of a series of setbacks, which proved too much to overcome. “I’m very proud of what we accomplished,” Leonard said. “We have tried valiantly to overcome several recent setbacks, but [they] . . . forced this difficult decision.”
Leonard/Monahan saw the defection of its showcase client, Polaroid Corp.’s

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