On November 13, 2009
WPP Awaits Ruling in CMD Case; Is There a Pattern Here?
WPP (WPPGY) is awaiting a ruling in a case in which it is suing the former chief of a medical ad agency it acquired in 2004, Current Medical Directions. The case appears to be part of a pattern for WPP: Martin Sorrell’s holding company acquires a stake in a smaller agency and then sues the agency’s management.
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