Panel says WPP can't drop offer for Tempus

Article Abstract:

Martin Sorrell, chief executive of WPP Group PLC, was unable to get his company's efforts to back out of an offer approved. The U.K.'s Takeover Panel rejected WPP's request to back out of an offer to purchase Tempus PLC for 555 pence (Euro8.87) a share.

United Kingdom, Asset sales & divestitures, Company Planning/Goals, Advertising, not elsewhere classified, Advertising Services NEC, Other Services Related to Advertising, Management, Abstract, Advertising services, Sorrell, Marting (British advertising executive), Tempus Group PLC

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Clear Channel Outdoor has suitor: France's JCDecaux hopes to create world leader in billboard marketing

Article Abstract:

French company JCDecaux plans to acquire U.S. company Clear Channel Outdoor Holdings, creating the world's largest outdoor advertising firm. JCDecaux relies on acquisitions to expand it s presence in the United States, due to U.S. billboard restrictions. The combined companies would have operations in 66 countries.

Advertising, France, JCDecaux, Clear Channel Outdoor Holdings Inc.

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WPP to buy 24/7 Real Media as appeal of Web-ad firms rises

Article Abstract:

U.K.-based advertiser WPP Group PLC will purchase U.S.-based online media firm 24/7 Real Media Inc. for $649 mil, another in a succession of recent deals in the industry. WPP's offer of $11.75 per share represents a premium of 4.4%.

Computer and Data Processing Services, Securities issued, listed, Computer services industry, Information technology services industry, Securities, Company securities, WPP, 24/7 Real Media Inc., TFSMD

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