Cheil In Talks To Buy McKinney
Advertising Age, Friday, June 29, 2012 12:30 PM
Durham, N.C.-based shop McKinney is in discussions to be acquired by Korean company Cheil Worldwide -- "just four years after [McKinney] bought back its independence from French holding company Havas," according to Advertising Age. Neither company would comment on the record, but unnamed sources said "acquisition talks have been heating up between the two parties in recent months," following "a string of partners leaving the company."
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