HEADLINES: Interpublic eyes True North buy

<p>Interpublic is reported to have started discussions to buy out True </p><p>North Communications. </p><p><BR><BR> </p><p>The news comes following a protracted period of speculation over whether </p><p>Havas Advertising would table a deal for True North, said to be in the </p><p>region of USdollars 1.5 billion. </p><p><BR><BR> </p><p>True North has been looking to link with another global advertising and </p><p>communications group since losing its key client DaimlerChrysler, which </p><p>wiped out USdollars 140 million in revenue for the company and forced it </p><p>to shed 150 staff. </p><p><BR><BR> </p>

by | 03/16/2001

Interpublic is reported to have started discussions to buy out True

North Communications.

The news comes following a protracted period of speculation over whether

Havas Advertising would table a deal for True North, said to be in the

region of USdollars 1.5 billion.

True North has been looking to link with another global advertising and

communications group since losing its key client DaimlerChrysler, which

wiped out USdollars 140 million in revenue for the company and forced it

to shed 150 staff.