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Mergers And Acquisitions
Wireless carriers square up for court battles
Chris Daniels
September 16, 2011
WASHINGTON: The fight over the legality of AT&T's $39-billion bid to acquire T-Mobile USA has just begun. But the battle lines from a communications perspective have already been drawn.
The PR Week - September 16, 2011
September 16, 2011
Steve Barrett, Danielle Drolet and Lindsay Stein discuss Publicis' acquisition of Schwartz Communications; blurred lines between advertising and PR; MWW Group's account win; brand opportunities during New York Fashion Week.
Provimi to retain brand name after Cargill deal
Danielle Drolet
August 15, 2011
MINNEAPOLIS: The Provimi brand will retain its name following Monday's announcement that Cargill will acquire the global animal nutrition business from private equity firm Permira for $2.1 billion.
Google acquires The Dealmap
Beth Krietsch
August 02, 2011
Google has acquired The Dealmap, a location-based deals site with more than 2 million members.
Fiat-Chrysler's restructure leaves comms unaffected
Lindsay Stein
July 29, 2011
AUBURN HILLS, MI: Fiat has developed a group executive council as part of the company's merger with Chrysler, and while management will be reorganized, communications will be left unchanged.
Jaffe Communications acquires Campbell Media
Emory Sullivan
July 27, 2011
NEWARK, NJ: Jaffe Communications has acquired Campbell Media to expand its healthcare PR practice in New Jersey.
Publicis Groupe takes majority stake in Big Fuel
Ilya Leybovich
, Beth Krietsch July 18, 2011
PARIS: Publicis Groupe has acquired a majority stake in New York-based social media agency Big Fuel, with the possibility of taking full ownership from 2014.
Brunswick leads US M&A advisor list
Danielle Drolet
July 11, 2011
NEW YORK: Brunswick Group advised on $138 million worth of M&A deals in H1 2011, landing it the top US and global ranking in the Mergermarket League Tables of PR Advisors, released today.
Publicis Groupe completes Rosetta acquisition
Lindsay Stein July 05, 2011
PARIS: Publicis Groupe has acquired Rosetta Marketing Group for $575 million in an effort to dramatically boost the holding company's digital business revenue.
Dig Communications becomes Olson
Ilya Leybovich
June 27, 2011
CHICAGO: Following its acquisition by Olson in December, Dig Communications has officially been renamed Olson.
Creston posts strong yearly growth
Ilya Leybovich
June 23, 2011
LONDON: Holding company Creston posted strong financial results in an annual report this week, citing its recent acquisition of PR firm Cooney/Waters as a key factor in its growth.
Google confirms Admeld acquisition
Beth Krietsch
June 13, 2011
MOUNTAIN VIEW, CA: After much speculation last week, Google confirmed its purchase of Admeld, developer of a real-time bidding ad optimization platform that helps publishers obtain the best price for their ad-buys.
Google closing in on Admeld deal, insiders say
Beth Krietsch
June 10, 2011
MOUNTAIN VIEW, CA: Insiders speculate that Google put forth a $400 million bid to acquire Admeld in a deal that is likely to close in the near future.
SoundBite acquires SmartReply
Beth Krietsch
June 08, 2011
BEDFORD, MA: SoundBite Communications, a provider of cloud-based customer communications solutions, recently acquired SmartReply in an effort to become a disruptive force in the expanding mobile marketing industry.
HC International to merge with MZ Group
Danielle Drolet
April 28, 2011
SAN DIEGO: Investor relations firm Hayden Communications International (HCI) has made initial steps to become a subsidiary of MZ Group. Full integration is slated for June.
Getty Images scoops up PicScout
Danielle Drolet
April 28, 2011
SEATTLE: Getty Images acquired PicScout, a provider of image identification technology.
Ruder Finn acquires The Rogers Group
Alexandra Bruell
April 07, 2011
LOS ANGELES: Ruder Finn acquired The Rogers Group in an effort to strengthen operations on the West Coast, said Ruder Finn co-CEO Peter Finn.
Agency free-for-all is in full flow
Steve Barrett
April 01, 2011
This is a customer service announcement for all PR agencies: will you please stop buying each other, merging, and demerging, as otherwise it's going to make it very difficult for us to put this year's PRWeek Agency Business Report together.
India's Watermelon goes to Publicis
Danielle Drolet
March 22, 2011
PARIS: Publicis Groupe plans to acquire a majority stake in Watermelon, a healthcare advertising agency in Mumbai, India.
MDC reports year-end revenue and profit growth
Alexandra Bruell
March 07, 2011
TORONTO: MDC reported full-year growth of 28% to $697.8 million, compared to $545 million in 2009.
United Continental branding update leaves room for imagination
Alexandra Bruell
February 28, 2011
Little by little, the new United Continental Holdings is creeping out from behind the airlines' merger.
Porter Novelli acquires tech PR firm Voce Communications
Alexandra Bruell
February 24, 2011
NEW YORK: Omnicom's Porter Novelli acquired Voce Communications, a technology PR and social media firm which reported about $12 million in annual revenue for 2010, according to Voce co-founder Richard Cline.
Publicis reports double-digit growth in Q4
Jaimy Lee
February 10, 2011
PARIS: Publicis Groupe said that organic revenue rose 8.3% in 2010, a year in which the company officially rebranded its PR unit as MSLGroup and acquired four PR agencies.
Amgen to acquire experimental biotech company
Jaimy Lee
January 25, 2011
Amgen said it planned to acquire BioVex, a biotech company with an experimental cancer vaccine in development to treat head and neck cancer and melanoma, for up to $1 billion.
Joele Frank tops US M&A adviser list
Danielle Drolet
January 19, 2011
NEW YORK: Joele Frank, Wilkinson Brimmer Katcher advised on $133.6 billion worth of M&A deals in 2010.
Olson gets PR boost with Dig acquisition
Alexandra Bruell
December 06, 2010
MINNEAPOLIS: Marketing agency Olson acquired Chicago-based PR agency Dig Communications.
Coty to craft comms around beauty acquisition spree
Alexandra Bruell
November 30, 2010
NEW YORK: On the acquisition path, beauty company Coty is implementing a "full internal and external" communications plan surrounding its recent deals.
Martopia introduces M&A practice
Kimberly Maul
October 25, 2010
CHICAGO: Martopia, a PR and interactive agency, launched a mergers and acquisitions division called Venturis.
Joele Frank remains top US M&A adviser
Chris Daniels
October 13, 2010
NEW YORK: Joele Frank, Wilkinson Brimmer Katcher retained its position as the top US PR adviser for merger and acquisition deals in the Mergermarket League of Tables of PR Advisors Q1-Q3.
Unilever and Alberto Culver keep comms separate
Alexandra Bruell
September 27, 2010
ENGLEWOOD CLIFFS, NJ: Unilever will keep communication efforts separate from Alberto Culver until its acquisition of the beauty company nears.
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