|
|
Article: Delaney Lund buys back stake from IPG.(The World: Ad Age Global News & Data)(Delaney Lund Knox Warren)(Brief Article)
- Article from:
- Advertising Age
- Article date:
- February 14, 2005
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Emma Hall
[London] Delaney Lund Knox Warren, the Interpublic Group of Cos.-backed London shop that won a large chunk of sibling agency Lowe's General Motors Corp. business in 2003, is buying back Interpublic's minority stake for $11 million and selling the agency to U.K. marketing services group Creston for $75 million. The six DLKW partners will end up with a 20% stake in Creston.
DLKW, a top 20 U.K. agency, ...