Ad Stocks Gain on News That Omnicom and Interpublic Are Nearing a Merger -- WSJ

Dow Jones

2024-12-09

By WSJ Staff

Omnicom and Interpublic are nearing an all-share tie-up that would create the world's top-selling advertising firm, The Wall Street Journal reported. Shares in European counterparts Publicis and WPP rose Monday, while Interpublic jumped premarket. Shares in Omnicom, which would acquire Interpublic, slipped in modest volumes.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

December 09, 2024 05:40 ET (10:40 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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