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March 10, 2014
10:31 EDTIPGInterpublic Group invests in tech platform ADstruc
Interpublic Group announced that the company has made a strategic investment in tech platform ADstruc, which specializes in automating the process of planning and buying outdoor advertising. The holding company's IPG Media Lab initiated the relationship with ADstruc and has overseen its deployment to IPG's global Out-of-Home, OOH, specialist agency, Rapport. Terms of the minority investment by IPG in the venture-backed ADstruc were not disclosed.In addition to the IPG investment, Rapport U.S. has entered into a strategic agreement with ADstruc.The agreement includes the implementation of a new model that will shift the purchase of Rapport's OOH buys to a more automated system, in keeping with IPG Mediabrands' commitment to automate half of its media buys by 2016.
News For IPG From The Last 14 Days
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July 24, 2014
11:09 EDTIPGElliott to call on Interpublic to sell to rival, DealBook says
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10:57 EDTIPGElliott to push Interpublic Group to put itself up for sale, Bloomberg says
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09:17 EDTIPGInterpublic Group rallies after activist Elliott reports stake
Elliott Associates reported a 6.7% stake in Interpublic Group (IPG) and stated it seeks to engage in a "constructive dialogue" with the company's board regarding steps to maximize shareholder value. As of July 23, Elliott beneficially owned 5.58M shares of common stock, including 3.675M shares of underlying options. On May 29, CNBC's David Faber that Elliott may be a buyer of Interpublic shares. On June 19, in an interview with the Wall Street Journal, Interpublic CEO Michael Roth downplayed the speculation of an activist investor. Shares of advertising and marketing services company are up 65c, or 3%, to $20.50 in pre-open trading.
09:07 EDTIPGElliott Associates reports 6.7% stake in Interpublic Group
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July 18, 2014
10:52 EDTIPGInterpublic 'well positioned' to exceed 3%-4% organic growth target in FY14
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06:58 EDTIPGInterpublic Group reports Q2 adjusted EPS 25c, consensus 25c
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06:07 EDTIPGInterpublic Group implied volatility of 45 at upper end of index mean range
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