Speaking on June 6 at an analysts' conference, Interpublic Group of Cos. CEO Michael Roth hailed the ad company's relationship with Bank of America as an example of "a holding-company model alive and
well and kicking out in the marketplace." But the truth was that the bank had asked at least one other advertising holding company about its interest in the business a full month before that.
Read the whole story at Adage.com, August 17, 2005 »
