Entries tagged "WPP"
Taylor Nelson Sofres plc CEO David Lowden's hopes of avoiding an unwelcome embrace from WPP Group plc's Martin Sorrell faded Wednesday when erstwhile fiance GfK AG abandoned an attempt to put together a counter proposal.
The U.K.'s WPP Group plc on Wednesday launched a hostile £1.08 billion ($2.13 billion) offer for Taylor Nelson Sofres plc, prompting its target to jettison an agreed merger to free would-be partner GfK AG to prepare a competing bid. ...
Stay tuned to TheDeal.com and Deal International for updates to these stories and more. WPP Group plc-Taylor Nelson Sofres plc-GfK AGWPP's Martin Sorrell slams TNS' decision Tuesday to reject a sweetened $1.9 billion offer and questions the rationale for TNS' merger with GfK. ...