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Interpublic Reduces Modem Stake To 0.6 Percent

Dec 29, 2003, 12:00 AM
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Modem Media Monday confirmed the sale of 11.155 million shares of its stock by shareholders. Interpublic Group, which sold 10.955 million shares, has reduced its position to 148,000 shares, or just 0.6 percent of Modem Media's outstanding shares.

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