WPP Group may offer to top Havas's bid for Tempus

Article Abstract:

WPP Group PLC has tentatively offered 550 to 555 pence (Euro8.70 to E8.78) per share for Tempus PLC in an effort to outbid Havas Advertising SA's 541 pence-per-share agreed takeover of the U.K. media-buying company.

---

Havas Says Takeover Strategy Is Two-Pronged

Article Abstract:

France's Havas Advertising SA, which is the fourth largest ad firm in the world, has outlined its acquisition strategy. Havas has completed its buyout of Bethesda, Md.-based Snyder Communications Inc.

United States, Process, Physical Distribution, and Logistics Consulting Services, Management consulting services, Marketing Consulting Services, Business consultants, Management consultants, Snyder Communications Inc., SNC

---

Bidding war for Tempus appears likely

Article Abstract:

WPP Group PLC is expected to make a bid to acquire Tempus Group PLC. WPP's bid is expected to launch a bidding war with Havas Advertising S.A.

Foreign operations, Advertising, not elsewhere classified, Advertising Services NEC, Other Services Related to Advertising, Advertising services

Similar abstracts:

• Abstracts: Expected tariff rise boost Tenaga's long-term appeal. Bidding war delays plant construction. Spotlight shifts from a former Malaysian darling
• Abstracts: Investment groups line up to bid for Telekom Austria. Belgium seeks completion of KPN, Belgacom merger
• Abstracts: Audit ties millions in losses to unit's business practices. Vice President Hamzah May Capitalize on Anti-U.S.Mood
• Abstracts: Petronas may buy controlling stakes in auto maker. Malaysia bids for UEM. Countdown to Measat liftoff
• Abstracts: Danone's Polish unit recalls dessert. Poland to open license tender for phone service. Pawnshops are windows to Poland's pain

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.