Ogilvy Buys Feinstein

The wave of consolidation so prevalent in advertising is overtaking public relations as well, with Feinstein Kean Partners agreeing to a buyout by Ogilvy Public Relations Worldwide and Cone holding talks with suitors.
Cambridge, Mass.-based Feinstein Kean, which specializes in media and investor relations for pharmaceutical and biotechnology firms, will be acquired by Ogilvy PR in a deal valued at $8-10 million, sources said.

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