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Omnicom is acquiring Interpublic Group (IPG).
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Omnicom, the second biggest advertising company by market cap is acquiring the fifth biggest company.
Omnicom is acquiring Interpublic Group (IPG)!
I used to work Dentsu, the sixth biggest, so I was super close to all of this.
I can't believe this is happening.
The new combined firm could top 20 billion dollars in net revenue.
This news comes as global advertising spend is set to surpass 1 trillion dollars.
This news was just announced.
Interpublic share price just increased.
But this merger will probably face crazy scrutiny from the government.
#business #advertising #marketing
Omnicom is acquiring Interpublic Group (IPG)!
I used to work Dentsu, the sixth biggest, so I was super close to all of this.
I can't believe this is happening.
The new combined firm could top 20 billion dollars in net revenue.
This news comes as global advertising spend is set to surpass 1 trillion dollars.
This news was just announced.
Interpublic share price just increased.
But this merger will probably face crazy scrutiny from the government.
#business #advertising #marketing
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