Panel says WPP can't drop offer for Tempus
Article Abstract:
Martin Sorrell, chief executive of WPP Group PLC, was unable to get his company's efforts to back out of an offer approved. The U.K.'s Takeover Panel rejected WPP's request to back out of an offer to purchase Tempus PLC for 555 pence (Euro8.87) a share.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Clear Channel Outdoor has suitor: France's JCDecaux hopes to create world leader in billboard marketing
Article Abstract:
French company JCDecaux plans to acquire U.S. company Clear Channel Outdoor Holdings, creating the world's largest outdoor advertising firm. JCDecaux relies on acquisitions to expand it s presence in the United States, due to U.S. billboard restrictions. The combined companies would have operations in 66 countries.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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WPP to buy 24/7 Real Media as appeal of Web-ad firms rises
Article Abstract:
U.K.-based advertiser WPP Group PLC will purchase U.S.-based online media firm 24/7 Real Media Inc. for $649 mil, another in a succession of recent deals in the industry. WPP's offer of $11.75 per share represents a premium of 4.4%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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