News Brief

South Korean Acquires Southern Shop: McKinney Now Part Of Cheil

Jul 31, 2012, 8:02 AM
  • Comment
  • Recommend
Subscribe to MediaDailyNews

Tags

South Korean agency holding company Cheil Worldwide has acquired Durham, NC–independent McKinney, according to The New York Times. The acquisition, which was estimated at $50 million, is part of Cheil’s bid to bulk up and transform its presence in North America, and follows a slew of new creative talent that has joined the agency in the past year. McKinney has been independent since it bought itself back from another overseas owner, France’s Havas, in 2008.

Be the first to comment on "South Korean Acquires Southern Shop: McKinney Now Part Of Cheil"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent MediaDailyNews Articles

>> MediaDailyNews Archives