Omnicom to buy Interpublic, creating ad agency giant with nearly $26 billion in annual revenue [Yahoo! Finance Canada]
Interpublic Group of Companies, Inc. (The) (IPG)
Last interpublic group of companies, inc. (the) earnings: 4/22 07:00 am
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US:NYSE Investor Relations:
investors.interpublic.com
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Source: Yahoo! Finance Canada
Shareholders of The Interpublic Group of Companies Inc. will receive 0.344 Omnicom shares for each share of Interpublic common stock that they own. Omnicom shareholders will own 60.6% of the combined company and Interpublic shareholders will own 39.4% after the transaction is complete. The combined company will keep the Omnicom name and trade under the “OMC” ticker symbol on the New York Stock Exchange. The deal is expected to have annual cost savings of $750 million. The transaction is targeted to close during the second half of next year. It still needs the approval of Omnicom and Interpublic shareholders. Shares of Interpublic jumped more than 15% before the market open on Monday, while Omnicom's stock fell more than 2%. Michelle Chapman, The Associated Press Recommended Stories
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IPG
News
- The Interpublic Group of Companies, Inc. (NYSE: IPG) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Interpublic Group of Companies, Inc. (NYSE: IPG) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 15 Press Releases You Need to See This Week [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IPG, EBTC, ZUO, SUM on Behalf of ShareholdersAccesswire
- As Kids and Teens Struggle with Mental Health, New Resources Help Parents Provide Support [Yahoo! Finance]Yahoo! Finance
IPG
Earnings
- 10/22/24 - In-Line
IPG
Sec Filings
- 12/9/24 - Form 425
- 12/9/24 - Form 425
- 12/9/24 - Form 425
- IPG's page on the SEC website