Omnicom Acquiring Interpublic In $13B Deal Creating World’s Largest Advertising Firm ...Middle East

Omnicom is acquiring Interpublic in an all-stock deal that will reshape the advertising and marketing sectors, creating the world’s largest ad firm. The transaction, valued at around $13 billion, was announced Monday morning. Interpublic shares jumped 11% on the news, while Omnicom stock slid 7%, with the moves emulating the classic pattern of a merger. […]

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