WPP to bid for Grey Global today
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WPP and a US buyout firm will submit offers for US ad agency Grey Global today, while France&#39;s Havas faces opposition to its bid from one of
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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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TOM ELLIOTT, MM&amp;E CAPITAL: Well, the bid that received the most attention was London-based Xstrata&#39;s offer to buy WMC Resources, the old Western Mining, at $6.
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NEW YORK -- General Electric Co. and Pearson PLC may challenge News Corp.'s $5 billion bid for Dow Jones &amp; Co. with a plan that could let Dow Jones's controlling family to keep an interest in the company, the Financial Times and The Wall Street Journal reported on their websites yesterday.
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My Stocks 2003 selection, British advertising and marketing giant WPP Group (Nasdaq: WPPGY), seems to be in the driver&#39;s seat against perhaps two other competitors in pursuit of New York-based ad firm Grey Global (Nasdaq: GREY).
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WMC currently is fending off a AU$7.4 billion takeover bid by Switzerland-based Xstrata PLC. The mining company upgraded its earnings forecast to around $1.3 billion for the calendar year, above analysts&#39; expectations.
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Universal Music Group, the world's  largest record company, and advertising conglomerate WPP are  expected to unveil a 50-50 joint venture on Tuesday to link top  brands with famous artists, The Times newspaper said.
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A 30 percent stake in Hewlett-Packardâs Chinese operations is up for sale to the highest bidder as the companyâs Chinese partner looks to sell its shares.
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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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A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.
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Advertising giant WPP is to buy US firm Grey Global, in a deal which could be worth as much as Â£750m ($1.3bn). The UK-based group won the auction for Grey Global, the seventh-largest advertiser in the US, against
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SAN FRANCISCO - Google looks set to start trading on the Nasdaq today after the web&#39;s No 1 search engine asked regulators for final approval to price its closely watched initial public offering.
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LONDON (CBS.MW) -- UK advertising group WPP (WPPGY) (UK:WPP) offered $1.25 billion for New York ad firm Grey Global (GREY) in a cash and share deal valued at more than $900 a share, the Wall Street Journal reported.
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Advertising giant WPP's purchase of Grey Global is temporarily put on hold after files submitted to EU regulators were found to be incomplete.
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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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Share sale to fund 'world's biggest fab' expansion plan
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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