Omnicom's acquisition of Interpublic Group formally closes; the all-stock deal gives Omnicom shareholders 60.6% of the company and IPG shareholders 39.4% (Axios)
Axios:
Omnicom’s acquisition of Interpublic Group formally closes; the all-stock deal gives Omnicom shareholders 60.6% of the company and IPG shareholders 39.4% — Omnicom announced on Wednesday its long-awaited $13 billion acquisition of rival Interpublic Group (IPG) has finally closed, following regulatory approval in Europe.