UK Ad Firm WPP Wins Bid for U.S. Rival
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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 $1.34 billion.
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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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Google &#038; eBay Partner for &#8216;Click to Call&#8217; The WSJ (sub req&#8217;d) and NY Times (reg. req&#8217;d) are reporting this morning on a deal in which Google will distribute ads on eBay&#8217;s pages outside the US. eBay has a similar deal with Yahoo! domestically. This is something of a surprise given that eBay aggressively courted Google [...]
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Aug. 20 (Bloomberg) -- WPP Group Plc, the world&#39;s second- largest advertising and marketing company, said first-half profit rose 11 percent as demand increased in the US and Asia, and reiterated it&#39;s looking into buying Grey Global Inc.
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British advertising firm WPP WPP.L has agreed to buy  smaller U.S. rival Gray Global for $1.31 billion, equally  divided in cash and shares, to put it on par with industry  leader Omnicom OMC.N. Gray Global shares closed at $940 on  Nasdaq.
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EBay launches a US classified ad website similar to its Gumtree site, which has proved popular in the UK.
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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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Nasdaq, the US firm which tried to buy the London Stock Exchange, offers to take over a Swedish rival for $3.7bn.
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The great digital advertising agency buyout binge continued today as the WPP Group acquired Schematic, an independent interactive agency based in Los Angeles.
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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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WPP Group, the world&#39;s second-largest advertising company, says first-half profits climbed nearly 16 percent as growth in Asia and the United States counterbalanced sluggish European markets.
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The British advertising agency WPP Group said today that it had won the bidding for Grey Global Group, the world's last large independent advertising firm.
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The two companies confirm their partnership, with Microsoft taking a $240 million stake in Facebook as well as gaining the right to sell ads for Facebook internationally.
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The deal with the media agencies owned by the WPP Group is valued at $800 million to $900 million in commercial time.
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Britain'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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US regulators Thursday cleared a plan by Google to buy online advertising giant DoubleClick, a tie-up that has sparked concerns about privacy risks and still faces a challenge in the European Union.
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The WPP Group, the world&#39;s second-largest advertising and marketing company, reported on Friday that profit for the first half of the year rose 11 percent, providing further