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WPP leans on Tempus
WPP leans on Tempus ... may hold for them, as the WPP/Tempus saga dragged on amid yet more controversy. Sir Martin Sorrell ... buying group. Sorrell has accused Tempus of refusing to admit just how badly it was hit by the impact ... adverse change in the Tempus situation, its bid for the company having been accepted by a majority ...
Deadline looms for Tempus takeover
Tempus shareholders have just over a week to weigh up the takeover bid by French advertising giant ... from only 25.2% of Tempus shareholders so far over its 541p per share bid for the company, with WPP ... and its bid for Havas is an attempt simply to inflate the price Havas must now pay Tempus. Both WPP ...
Tempus chairman Ingram joins APR
Tempus chairman Ingram joins APR ... Tempus chairman Chris Ingram has joined internet software developer Applied Psychology Research as non-executive chairman. Set up in 1998, APR develops web-based business-to-business solutions to track and measure consumer preferences. “APR is bubbling with ideas for harnessing the power ...
Havas pulls out of Tempus race
Havas pulls out of Tempus race ... WPP became the sole contender in the bidding war for Tempus today after Havas Advertising withdrew its bid offer following "significantly deteriorated" market conditions. The Tempus board responded by recommending WPP's rival takeover offer, but the move sent shares in Tempus spiraling down 12 ...
WPP ups the ante in Tempus scrap
WPP ups the ante in Tempus scrap ... Sir Martin: cash bid for Tempus Can Havas raise the stakes in the great bidding war for Tempus? That was the question gripping the advertising world this week after WPP's Sir ... cost to WPP of buying Tempus would be just £385m. WPP's counterbid was announced along ...
Sorrell seeks way out of Tempus deal
Sorrell seeks way out of Tempus deal ... media buying company Tempus. WPP is seeking to escape from the deal, having had a formal £432m bid accepted by the vast majority of Tempus shareholders last week. The company is seeking to use a "material ... , if unforseen economic factors arise to damage the value of the other firm. Tempus shares fell after ...
Havas decides against increased bid for Tempus
Havas decides against increased bid for Tempus ... Havas Advertising has opted not to increase its offer for Tempus Group after its £425m bid for the group expired yesterday. Instead Havas has extended the deadline for Tempus shareholders to accept ... , the worsening position of media stocks following the US terror attack and the desire to give Tempus shareholders ...
EC gives green light for Tempus takeover
EC gives green light for Tempus takeover ... acquisition of Tempus by French advertising giant Havas. The Commission said the proposed takeover ... . Uk-based Tempus has almost 100 offices in 29 countries. Tempus achieves the vast majority of its ... is compatible with the European common market." Havas faces competition in the battle for Tempus ...
WPP's Tempus bid moves nearer completion
WPP's Tempus bid moves nearer completion ... WPP's £432m bid for Tempus has been declared unconditional after 93.9% of Tempus shareholders accepted the offer. But doubt still remains that the deal will go ahead after WPP highlighted remaining clearance conditions in a statement to the stock exchange. The group pointed out that the bid ...
WPP appoints four senior executives to Tempus board
WPP appoints four senior executives to Tempus board ... WPP has appointed four senior executives to the board of Tempus in its first move since taking ... on the Tempus board, alongside The Media Edge chief executive Charles Courtier, TME Europe chief Hans ... Takeover Panel's ruling that it would have to purchase Tempus for the original bid price of £432m ...
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