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Date Set for Grey Shareholders Vote on WPP Deal

News, 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