Omnicom to acquire interpublic group to create premier marketing and sales company
The combined company will bring together unmatched capabilities, including the industry's deepest bench of marketing talent, and the broadest and most innovative services and products, underpinned by the most advanced sales and marketing platform together, omnicom and interpublic will be strongly positioned for continued growth in the new era of marketing the transaction is expected to be accretive to adjusted earnings per share for both omnicom and interpublic shareholders new york , dec. 9, 2024 /prnewswire/ -- omnicom (nyse: omc) and the interpublic group of companies, inc. (nyse: ipg) ("interpublic") today announced their boards of directors have unanimously approved a definitive agreement pursuant to which omnicom will acquire interpublic in a stock-for-stock transaction. the combined company will bring together the industry's deepest bench of marketing talent, and the broadest and most innovative services and products, driven by the most advanced sales and marketing platform.
IPG Ratings Summary
IPG Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission