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The European Union Commission on Monday granted its unconditional approval to the merger between Omnicom and Interpublic Group (IPG), removing the final regulatory obstacle to the largest consolidation the industry has ever witnessed. The all-stock deal to buy IPG, which was announced last December, merges the world's third-largest ad buyer, Omnicom, with the fourth-largest IPG.
short by / 05:08 pm on 24 Nov
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