WPP Wins Bidding for Grey, Beating Havas, Hellman
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WPP Group Plc, the world&#39;s second- largest marketing and advertising company, said it won the bidding for Grey Global Group Inc.
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The Uefa president gets up to a lot more than we thought according to your efforts. This week's lucky winner is David Squires, who wins a Â£100 bet with BlueSquare. Second prize, Carlton Books's The England Cricket Miscellany, goes to John O'Reilly. Next week we want to see your takes on Lord Coe's Olympic logo shenanigans. Send them to gallery@guardian.co.uk by 6pm on Tuesday June 12 as a jpeg or gif, complete with a TITLE and CAPTION. Anybody who forgets will be made to listen to Sir Alex Ferguson's iPod.
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WPP Group PLC, the London-based advertising giant, said Monday it was paying US$1.309 billion (euro1.068 billion) - half in cash and half in WPP equity - for the entire share capital of US-based Grey Global.
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Meeting on the deadline to submit bids to buy Grey Global Group, Havas&#39; board of directors Wednesday morning approved the recommendation of the Paris-based ad holding company&#39;s executive committee to make a play for Grey.
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British advertising company WPP  said on Sunday it won an auction for U.S. rival Grey Global, with what sources familiar with the matter said was a cash-and-stock deal worth about &#36;1.34 billion.
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Arts & entertainment: Â· Russian billionaire pays over Â£25m for treasures Â· Usmanov coup follows major Arsenal investment
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A successful bidder for Manchester United could have to pay more than 300p a share, City sources suggested yesterday. The stock rose 13.
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WPP Group (WPPGY:Nasdaq ADR - news - research) sank 3% after the British ad agency agreed to buy New York&#39;s Grey Global (GREY:Nasdaq - news - research) for about $1.
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SEATTLE -- Mike Hargrove went out a winner. Hours after Seattle's manager abruptly resigned in a surprise move, Jose Guillen hit a tying home run in the eighth inning and a game-ending single in the ninth to help the Mariners beat the Toronto Blue Jays, 2-1, yesterday for their eighth straight victory.
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SAN FRANCISCO-based private equity firm Hellman &amp; Friedman and Havas reportedly raised their bids today for ad agency Grey Global Group, putting pressure on WPP&#39;s bid for the company and raising all three offers to at least $1.
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LONDON, England -- UK-based advertising giant WPP Group says it has won the bidding to acquire US agency Grey Global. WPP, the world&#39;s second-largest advertising company, said Sunday it had reached agreement
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Manchester United has received a bid approach, boosting its shares as industry sources said U.S. sports tycoon Malcolm Glazer planned a bid of more than 650 million pounds.
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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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RESOURCES giant Xstrata announced its first triumph in its $7.4 billion takeover bid for WMC Resources yesterday - the purchase of 173,954 shares.
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Andy Murray beats Sergiy Stakhovsky to secure Britain's Davis Cup victory over Ukraine.
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Bulgarian striker Martin Petrov scored all four of VfL Wolfsburg&#39;s goals as the surprise Bundesliga leaders completed a thrilling 4-3 comeback win against FSV Mainz on Saturday.
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LONDON Edward Meyer, the 77-year-old chairman of Grey Global Group, was philosophical last week when asked why he had decided to sell the company to WPP Group, one of the sprawling, publicly traded holding companies that increasingly dominate the