Blagman Media, Inc. confirmed that it has signed a definitive merger agreement for the 100% acquisition of
Century Media Inc. -- the formal closing is expected by
next week (mid March). Effective immediately, Century and Blagman Media will operate as one combined entity. The consolidation of these two major companies will result in a full service integrated
direct marketing venture. The combined entity will be named Blagman/Century Media. Combined billing for 2001 was $50 million. Both staffs will be absorbed under the new entity totaling approximately
40 professionals.