US/France: Publicis, Omnicom merger implodes (Competition Policy International)

Advertising giants Publicis and Omnicom have reportedly abandoned their $35 billion merger plans, a source said.

According to reports, US-based Omnicom and France-based Publicis have decided to abandon plans to merge and create the world’s largest advertising conglomerate nearly one year after the companies first announced plans to combine. The deal …read more

Source: Global Competition Law Blogs