WPP&#39;s Mega Ad Buy
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What are weekends for? In the mergers and acquisitions game, it is usually meant for structuring mega deals. That was the case with WPP Group&#39;s (Nasdaq: WPPGY) $1.
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The company wants to swallow its largest customer acquisition yet.
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Britain&#39;s WPP Group PLC and private-equity firm Hellman &amp; Friedman have submitted offers in the auction for advertising firm Grey Global Group, according to people familiar with the matter.
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LONDON With its agreement to buy Grey Global Group, Sir Martin Sorrell has placed his London-based WPP Group in position to rival Omnicom Group as the world&#39;s largest advertising company.
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LONDON/NEW YORK  - British advertising company WPP  WPP.L on Sunday said it has won an auction for U.S. rival  Grey Global GREY.O, with what sources familiar with the  matter said was a cash-and-stock deal worth about $1.34  billion.
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With its agreement to buy the Grey Global Group, Sir Martin Sorrell has placed his WPP Group in position to rival the Omnicom Group as the worldÂs largest agency company.
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Yahoo Inc  has struck a  deal to buy BlueLithium, the fifth-largest U.S. online ad  network, for $300 million in cash, in the latest move to  consolidate the fast-growing behavioral ad targeting market.
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British advertising company WPP Group  Plc. has won the auction for U.S. rival Grey Global, agreeing  to pay about $1.34 billion, sources familiar with the situation  said on Sunday.
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LONDONâWPP Group PLC, the London-based advertising giant, said yesterday it was buying US-based Grey Global Group Inc. in a $1.52 billion (US) cash and stock deal.
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Microsoft is joining search firms Google, Yahoo! and British advertising agency WPP in the battle to sell internet advertising.
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A $7.4 billion takeover bid for the Australian mining company WMC Resources has seen its share price surge by 36 per cent. The Swiss-based mining house Xstrata wants to add WMC Resources to its Australian mining portfolio.
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UK advertising group WPP beats France's Havas to win a bidding war for US firm Grey Global which could cost as much as Â£750m.
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Subscribers to the AdWords program can now buy newspaper advertising via Google Print Ads.
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A small company delivering ads to net-based games is being snapped up by Google for $23 million. Plus: Darwinia developer eyes consoles. In Game|Life.
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British advertising company WPP said on Sunday it won an auction for US rival Grey Global, with what sources familiar with the matter said was a cash-and-stock deal worth about $1.
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Britain&#39;s WPP Group Plc has offered to pay more than $1.25 billion for advertising firm Gray Global Group, the Wall Street Journal said on Thursday, citing an unidentified person familiar with the matter.
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LONDON (CBS.MW) - Advertising spending on the US election this year is expected around $1.5 billion, ahead of WPP Group&#39;s initial projection at around $1 billion, the financial director of the London-based group confirmed Friday.