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Outrider lands £3m Opodo online media and creative deal
Online travel portal Opodo has appointed Outrider to handle its £3m online creative and media account, following a competitive pitch involving several agencies. The Tempus-owned agency joins Carat International, which was appointed to handle the £30m media account for the portal in August, following a pitch ...
Takeover panel rejects WPP get out plea
WPP is likely to be forced to press ahead with its bid for Tempus after the takeover panel ... change clause to walk away from its £432m bid for Tempus. WPP is arguing that the value of Tempus has been severely diminished since it first submitted its bid offer. Shares in the company are now ...
Stop Press
Sir Martin Sorrell's WPP was still awaiting the ruling on its appeal to the Takeover Panel in regard to its bid for Tempus, as Media Week went to press. The advertising group appealed against the panel's decision last week to reject its bid to pull out of the deal, invoking the "material adverse ...
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 ...
CIA scoops NEC
is part of the Cheshire-based Holidaybreak group. CIA Manchester, which is part of the Tempus Group ...
Greaves goes amid CIA redundancies
in the CIA/Tempus group. "Nobody likes doing this but we are doing what is appropriate for us ...
Tempus claims WPP unable to back out of £430m takeover bid
Tempus claims WPP unable to back out of £430m takeover bid ... Chris Ingram: doubts WPP's case Tempus Group claimed this week that, having seen ... not be allowed to back out of the £430m acquisition of the group. A statement from Tempus said: "On the basis of the submission made by WPP, which Tempus has been permitted to see, the board of Tempus is firmly of the view ...
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 ...
The right decisions may pay dividends
, Tempus, Viacom, Cordiant, EMI, Euromoney, Informa Group, RTL, Incisive Media - the list of companies ... thrown up in the air. The Tempus saga serves to illustrate that perfectly. Suddenly agency consolidation ... whether WPP can really get itself off the Tempus hook. Companies exposed by heavy investment ...
Havas rationalizes marketing group
for another Tempus." Meanwhile, it looked likely WPP would attempt to pull out of its bid for Tempus even though more than 90% of Tempus shareholders have now approved the offer. ...
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