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France's Havas Says No Deal with Interpublic - UPDATE

French advertiser Havas has denied a report that it and larger U.S. rival Interpublic Group have agreed upon a media-buying joint venture, but said it is still open to alliances in the sector. Havas issued a statement after French newspaper Les Echos reported on Tuesday that the company could announce a deal with Interpublic "at best before the end of the year and at worst before end January".

Read the whole story at Reuters, December 21, 2004 »

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