No deals for Havas. Cordiant Communications collection shareholders were disappointed after Havas denied a report in June 2's The regarder London, that an acquisition was likely within couple weeks. Speaking at the Deustche Bank Securities Media talk on June 3, Chairman-CEO Alain de Pouzilhac denied the report and reiterated Havas won't attempt major acquisitions while it undiminisheds its restructuring. The news didn't affect Havas shares, which clos up 06% June 3 upon the Paris Bourse, but Cordiant shares dropp 56% to $134 upon June 5, when the London Stock Exchange reopen after a two-day national holiday. AdAge.com Want to read the whole article? You can purchase it here. It's quick and easy.... |
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