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Arnold Completes Deal to Buy Houston
BOSTON–Arnold Communications chairman Ed Eskandarian last week reached an agreement with Doug Houston for Arnold to purchase Houston Herstek Favat. Neither Eskandarian nor Houston would comment on terms of the deal, which will effectively link the two Boston agencies on Jan. 1. One source pegged the sale price at $1.8 million. Houston will leave the agency he founded a decade ago. Houston Herstek president Lisa Unsworth and creative directors Rich Herstek and Pete Favat will become executive vice presidents at Arnold.

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