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Omnicom Acquiring Interpublic In $13B Deal Creating World’s Largest Advertising Firm
Omnicom is acquiring Interpublic in an all-stock deal that will reshape the advertising and marketing sectors, creating the world's largest ad firm.
New York City's Times SquareNicolas Economou/NurPhoto via Getty Images Omnicom is acquiring Interpublic in an all-stock deal that will reshape the advertising and marketing sectors, creating the world’s largest ad firm. Interpublic shares jumped 11% on the news, while Omnicom stock slid 7%, with the moves emulating the classic pattern of a merger. The combined company will keep the name Omnicom, trading under the current ticker symbol, OMC.
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