WPP's Deal for Grey Faces Challenge

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NEW YORK The closing of WPP Group’s deal to acquire Grey Global Group will be delayed because more information is needed to satisfy regulations in the European Union, the companies acknowledged.

Both WPP and Grey said they are in the process of providing additional information to the European Commission in compliance with merger regulations, but declined to specify the kind of material that is still needed.

The EC notified the companies about the need for more information on Nov.



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