Two Remain in Pitch for Red Lobster

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Red Lobster has narrowed the field to two agencies in its review of creative and media planning duties on its advertising account, sources said.

Sources identified the shops as WPP Group’s Grey and Publicis Groupe’s Saatchi & Saatchi, both in New York. Red Lobster executives will now meet once more with each before selecting a winner, said sources.

Four agencies made presentations to Red Lobster last week and had expected a decision — not a cut — this week.

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