HEADLINES: Draft and Lowe look at synergies but not a merger

Media would like to clarify that Interpublic Group's marketing services network DraftWorldwide and advertising agency Lowe are not merging globally as reported (Media, January 24). The networks are however looking at ways to more closely align on a global basis and in some markets may share the same office space and backroom operations such as finance, IT and human resources, but they have no plans to merge the two brands. Media regrets the error.