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Dentsu, WPP Undo Asian Joint Ventures

Dentsu and WPP have undone several joint venture operations that date back to the 1980s through a stock swap. The value of the swap was not disclosed. Dentsu Young & Rubicam and Wunderman Dentsu Inc. have become wholly owned…

Omnicom Reports Q1 Growth Of 2.4%

Omnicom Group reported a 1.2% first-quarter revenue gain to $3.269 million with organic revenue growth of 2.4%. Organic revenue strips out the impact of M&A activity and currency fluctuations. Geographically, North America was the…