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Interpublic Group of Companies Inc (IPG.N)

IPG.N on New York Stock Exchange

21.48USD
20 Jul 2018
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$-0.37 (-1.69%)
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Latest Key Developments (Source: Significant Developments)

Weber Shandwick Acquires Social Creative Agency That Lot
Monday, 16 Jul 2018 

July 16 (Reuters) - Interpublic Group of Companies Inc ::WEBER SHANDWICK ACQUIRES SOCIAL CREATIVE AGENCY THAT LOT, TAKING MULTI-PLATFORM STORYTELLING TO THE NEXT LEVEL.WEBER SHANDWICK - TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

Interpublic Group Enters Into Commitment Letter In Relation With Acxiom Deal
Friday, 6 Jul 2018 

July 6 (Reuters) - Interpublic Group of Companies Inc ::INTERPUBLIC GROUP OF COMPANIES SAYS IN CONNECTION WITH ACXIOM DEAL, ENTERED INTO A COMMITMENT LETTER DATED AS OF JULY 2, 2018 - SEC FILING.INTERPUBLIC GROUP OF COMPANIES - AS PER LETTER, COMMITMENT PARTIES TO PROVIDE FULL AMOUNT OF A 364-DAY $2.3 BILLION SENIOR UNSECURED BRIDGE LOAN FACILITY.  Full Article

Acxiom Says If Deal With Interpublic Terminated Under Certain Conditions, Co To Pay Interpublic Fee Of $86.25 Mln
Wednesday, 4 Jul 2018 

July 3 (Reuters) - Acxiom Corp ::ACXIOM SAYS IF DEAL WITH INTERPUBLIC GROUP OF COMPANIES TERMINATED UNDER CERTAIN CONDITIONS, CO TO PAY INTERPUBLIC FEE OF $86.25 MILLION - SEC FILING.  Full Article

Interpublic Group Agrees To Acquire Acxiom Marketing Solutions
Tuesday, 3 Jul 2018 

July 2 (Reuters) - Interpublic Group of Companies Inc ::INTERPUBLIC GROUP AGREES TO ACQUIRE ACXIOM MARKETING SOLUTIONS ("AMS") TO LEAD NEXT WAVE OF INNOVATION IN DATA-DRIVEN MARKETING.INTERPUBLIC GROUP - DEAL TO BE ACCRETIVE TO IPG IN FIRST YEAR AFTER CLOSE, ON ADJUSTED EPS BASIS.INTERPUBLIC GROUP - DEAL DOES NOT INCLUDE LIVERAMP BUSINESS OF ACXIOM CORPORATION.INTERPUBLIC GROUP - DENNIS SELF & RICK ERWIN WILL CONTINUE TO SERVE AS CO-PRESIDENTS OF AMS, WHICH WILL REMAIN A STAND-ALONE DIVISION.INTERPUBLIC GROUP - HAS FULLY COMMITTED $2.3 BILLION BRIDGE FACILITY, TO OBTAIN LONG-TERM FINANCING TO FUND DEAL IN DEBT CAPITAL MARKETS BEFORE CLOSING.INTERPUBLIC GROUP - SHARE REPURCHASES WILL BE TEMPORARILY SUSPENDED.  Full Article

Acxiom Enters Into Definitive Agreement To Sell Acxiom Marketing Solutions For $2.3 Billion To Interpublic Group
Tuesday, 3 Jul 2018 

July 2 (Reuters) - Acxiom Corp ::ACXIOM ENTERS INTO DEFINITIVE AGREEMENT TO SELL ACXIOM MARKETING SOLUTIONS FOR $2.3 BILLION TO INTERPUBLIC GROUP.ACXIOM CORP - ACXIOM TO RETURN UP TO AN ADDITIONAL $1 BILLION TO SHAREHOLDERS.ACXIOM CORP - ACXIOM TO RETURN UP TO AN ADDITIONAL $1 BILLION TO SHAREHOLDERS.ACXIOM CORP - UPON CLOSING, COMPANY EXPECTS TO REALIZE APPROXIMATELY $1.7 BILLION IN NET CASH PROCEEDS, AFTER TAXES AND FEES.ACXIOM CORP - FOLLOWING COMPLETION OF TRANSACTION, COMPANY INTENDS TO RETIRE ITS EXISTING $230 MILLION DEBT BALANCE.ACXIOM CORP - TRANSACTION WAS UNANIMOUSLY APPROVED BY ACXIOM'S BOARD OF DIRECTORS.ACXIOM CORP - FOLLOWING COMPLETION OF TRANSACTION, COMPANY INTENDS TO TRANSFER ACXIOM BRAND NAME AND ASSOCIATED TRADEMARKS TO IPG.ACXIOM CORP - INCREASE ITS OUTSTANDING SHARE REPURCHASE AUTHORIZATION BY UP TO $500 MILLION, AND EXTEND DURATION OF PROGRAM TO DECEMBER 31, 2020.ACXIOM CORP -AFTER DEAL CLOSE, INTENDS TO INITIATE A $500 MILLION CASH TENDER OFFER FOR ITS COMMON STOCK.ACXIOM CORP - FOLLOWING COMPLETION OF TRANSACTION, COMPANY INTENDS TO RENAME COMPANY LIVERAMP.ACXIOM CORP - FOLLOWING COMPLETION OF TRANSACTION, COMPANY INTENDS TO BEGIN TRADING ITS COMMON STOCK UNDER NEW TICKER SYMBOL "RAMP".ACXIOM CORP - CEO SCOTT HOWE AND CFO WARREN JENSON WILL REMAIN IN THEIR CURRENT ROLES AT COMPANY.ACXIOM CORP - CONSIDERED MULTIPLE PROPOSALS BEFORE COMING TO DECISION TO SELL AMS TO IPG.  Full Article

IPG CEO Roth Says Working Closely With Facebook To Solve Privacy Issues After Recent Data Leak - CNBC
Friday, 27 Apr 2018 

April 27 (Reuters) - :IPG CEO MICHAEL ROTH SAYS WORKING VERY CLOSELY WITH FACEBOOK TO SOLVE SOME PRIVACY ISSUES AFTER RECENT REVELATION OF DATA LEAK - CNBC.INTERPUBLIC GROUP CEO MICHAEL ROTH SAYS HAS NOT SEEN A BIG PULLBACK IN TERMS OF ALLOCATING DOLLARS TO FACEBOOK - CNBC.  Full Article

Interpublic Q1 Adjusted Earnings Per Share $0.03
Friday, 27 Apr 2018 

April 27 (Reuters) - Interpublic Group of Companies Inc ::REG-INTERPUBLIC ANNOUNCES FIRST QUARTER 2018 RESULTS.Q1 REVENUE $2.17 BILLION VERSUS I/B/E/S VIEW $1.82 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.03.Q1 LOSS PER SHARE $0.04.Q1 EARNINGS PER SHARE VIEW $0.05 -- THOMSON REUTERS I/B/E/S.CONFIRMS THAT COMPANY REMAINS ON TRACK TO ACHIEVE 2018 FINANCIAL TARGETS.FY2018 EARNINGS PER SHARE VIEW $1.72, REVENUE VIEW $8.22 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Reg-Interpublic announces third quarter and first nine months 2017 results
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Interpublic Group Of Companies Inc :Reg-Interpublic announces third quarter and first nine months 2017 results.Q3 revenue $1.9 billion versus I/B/E/S view $1.96 billion.Interpublic Group Of Companies Inc - ‍in U.S., Q3 organic revenue increase was 1.3% and was 2.0% excluding impact of lower pass-through revenue​.Qtrly ‍SHR available to IPG common stockholders​ $0.37.‍Company's revised full-year 2017 operating targets are operating margin expansion of 40 basis points and organic revenue growth of 1-2%​.Qtrly ‍adjusted earnings per share $0.31.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.  Full Article

Interpublic sets quarterly dividend of $0.15 per share
Thursday, 11 Aug 2016 

Interpublic Group Of Companies Inc :Sets quarterly dividend of $0.15 per share.  Full Article

Interpublic to buy Acxiom's marketing solutions division for $2.3 billion

U.S. advertising firm Interpublic Group of Companies Inc said on Monday it would buy data mining firm Acxiom Corp's marketing solutions business for $2.3 billion in cash.