Young & Rubicam Selects Banks For Next Year's IPO

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Young & Rubicam Inc. has appointed Bear Stearns and Donaldson, Lufkin & Jenrette here as co-lead underwriters for its long-awaited initial public offering, now set for the late first quarter or early second quarter of 1998, said sources.
Investment bankers Goldman Sachs & Co., Furman Selz L.L.C. and Smith Inc.,

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