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News Breaks
July 24, 2014
11:09 EDTPUBGY, IPG, OMCElliott to call on Interpublic to sell to rival, DealBook says
Elliott Management plans to call on Interpublic Group (IPG), in which it has taken a stake, to sell itself to one of its competitors, reported The New York Times' DealBook earlier, citing a person briefed on the matter. Note that activist investor Elliott disclosed this morning that it had acquired a 6.7% stake in Interpublic and DealBook's reporting aligns with a similar report from Bloomberg. Interpublic's competitors include Publicis (PUBGY) and Omnicom (OMC), who called off a planned merger earlier this year. Reference Link
News For IPG;PUBGY;OMC From The Last 14 Days
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December 9, 2014
08:52 EDTPUBGYPublicis extends tender offer to acquire Sapient
Publicis Groupe S.A. (PUBGY) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Sapient (SAPE) for $25.00 per share in cash. The Offer will now expire at the end of the day, immediately after 11:59 p.m., New York City time, on December 23, unless it is further extended. All other terms and conditions of the Offer remain unchanged.
December 8, 2014
15:19 EDTOMCOmnicom division acquires DDC Advocacy
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December 5, 2014
10:00 EDTPUBGYOn The Fly: Analyst Downgrade Summary
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05:37 EDTPUBGYPublicis downgraded to Neutral from Outperform at Exane BNP Paribas
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