WPP's Prospects High in Wake of Move for Tempus

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Last week’s $629 million counterbid by WPP for Tempus Group definitively answered speculation about whether or not Tempus shareholder and WPP CEO Sir Martin Sorrell would move to oppose Havas. This week, the French holding company must respond–but WPP has effectively blocked any immediate resolution in Havas’ favor.

Havas has roughly 30 percent of Tempus stock, and Sorrell owns 22 percent.

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