Entries tagged "Taylor Nelson Sofres plc"
Hostile bids are enjoying an unprecedented 28.6% success rate so far this year, according to FactSet MergerMetrics. One more hostile takeover will likely bump up that stat. With one day to go, advertising company WPP Group plc Thursday looked likely to triumph with its £1.2 billion ($2.14 billion) hostile offer for Taylor Nelson Sofres plc....
Martin Sorrell's advertising and marketing company WPP Group plc on Tuesday gained European Commission approval for its hostile takeover of Taylor Nelson Sofres plc. The approval is contingent on WPP divesting its television audience measurement services in the European Economic Area and Taylor Nelson's Irish market research operations. ...
WPP Group plc's £1.08 billion ($2.13 billion) hostile bid for market search firm Taylor Nelson Sofres plc on Wednesday triggered a warning from rating agency Fitch Ratings. The BBB+ credit rating on the British advertising agency was placed on Fitch's rating watch negative list, signaling a concern of the company's debt levels....
Advertising and marketing heavyweight WPP Group plc has made a fresh attempt to derail Taylor Nelson Sofres plc's merger with market research peer GfK AG and received another brushoff....