A PYMNTS Company

US/France: Omnicom, Publicis advertising tie-up said to be in jeopardy

By  |  April 28, 2014

The proposed merger between advertising conglomerates Omnicom and Publicis is said to be in jeopardy as sources have reportedly said the companies are facing disagreements.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The $35 billion merger, first announced last July, would lead to the world’s largest advertising firm following the combination of the US-based Omnicom and France-based Publicis.

    According to a Wall Street Journal report, whiel the companies have agreed on a deal as a merger-of-equals, one company has to technically acquire the other, though the firms cannot decide who will be the official acquirer.

    The disagreement has delayed crucial filings with the US Securities and Exchange Commission, according to reports.

    Sources say the disagreement has also lead to the haul dot integration committee meetings.

    Full content: The Star

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.