Date Set for Grey Shareholders Vote on WPP Deal

08 February 2005

Shareholders in US marketing services company Grey Global Group will next month attend a special general meeting in New York to vote on how they receive their payouts from the impending WPP Group takeover.

The deal is worth around $1.3 billion (€1bn, £689m) and Grey shareholders will decide on March 3 whether they will take cash, stock or a combination of both as their reward.

Data sourced from Adweek (USA); additional content by WARC staff