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BOSTON-Last week’s sale of Mullen to the Interpublic Group of Cos.’ Lowe Group ends founder Jim Mullen’s quest to find a buyer and spreads the proceeds from the sale to nearly all of Mullen’s 200-plus employees.
Mullen called Lowe chairman Frank Lowe, to whom he will report directly, the “most passionate executive about creative I’ve ever met” and said the two share a similar “world vision … I met someone whose organization I admire,” Mullen said.
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