Task force formed to explore Lord, Dentsu divorce from Y&R By David Kile

NEW YORK--Lord Dentsu & Partners is taking steps to fulfill its plan to divorce itself from one of its two parents, Young & Rubicam, and dee

A task force composed of representatives from LD&P; Young & Rubicam; and Dentsu Inc. has been formed to determine the means by which LD&P management can buy out the half of the agency now owned by Y&R, leaving the agency a joint venture between agency principals and Dentsu.
The task force, according to sources at the three agencies, includes LD&P president Len Pearlstein; Y&R vice chairman Tim Pollak; and Dentsu, Young & Rubicam Partnerships chairman Shinzo Ueno.