Grey Posts Double-Digits Q2 Revenues

  • August 10, 2004
Grey Global Group, the tightly controlled parent of MediaCom Worldwide that has been exploring a sale of the company, Monday reported second quarter revenues of $364.0 million, a 13.8 percent gain over the second quarter of 2003. First half revenues climbed 14.6 percent to $707.9 million. A number of suitors including Havas, WPP Group and a group of independent investors have expressed an interest in Grey, which could fetch as much as $1.5 billion in a sale.
Next story loading loading..