AP Business Writer Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the world’s biggest advertising company with combined revenue of $25.6 billion last year. Shareholders of The Interpublic Group of Companies Inc. will receive 0.344 Omnicom shares for each share of Interpublic common stock that they own. Omnicom shareholders will own 60.6% of the combined company and Interpublic shareholders will own 39.4% after the transaction is complete. The post Omnicom to buy Interpublic, creating ad agency giant with nearly $26 billion in annual revenue appeared first on News Channel 3-12.
Hence then, the article about omnicom to buy interpublic creating ad agency giant with nearly 26 billion in annual revenue was published today ( ) and is available onNews channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Omnicom to buy Interpublic, creating ad agency giant with nearly $26 billion in annual revenue )