Goldman, Sachs Picks Up 34 Million Shares Of Aegis Stock

  • March 9, 2005
As Aegis Group reported a 15 percent rise in revenues last year and a 17 percent growth in pre-tax profits, the British ad holding company attracted the attention of investment bank Goldman, Sachs & Co., which announced its intention to buy over 34 million shares of stock. The shares amount to 3.1 percent of Aegis' outstanding stock.

--D.K.

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