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Sharewatch: WPP Falls Following Cordiant Deal
WPP was seen in focus yesterday, down 3.11% as the group was on the cusp of finalising the deal to take-over troubled advertising group Cordiant Communications. Analysts greeted WPP‘s bid with speculation, claiming Sir Martin Sorrell has a history of overpaying in the heat of the battle.
Elsewhere, GWR remained in focus, stable at 210˝p on reports that the group’s chairman, Ralph Bernard, admitted the recent Vibe decision (see
GWR Sells Vibe Following Competition Rebuttal
GWR Sells Vibe Following Competition Rebuttal
