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EU extends probe of WPP buy of TNS

BRUSSELS (Reuters) - The European Commission extended its probe on Wednesday of the purchase of Taylor Nelson Sofres by WPP Group's , the world's second-largest advertising company, by ten working days.

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Publicis Looks Westward For Latest Acquisition, Seattle's PBJS

Although WPP Group and its ad holding company rival Publicis Groupe have been concentrating more in Asia and other emerging markets for their digital acquisitions lately, it seems there are still a few independent targets to be found in the U.S. One of the remaining ones was Seattle's PBJS , which was just picked up by Publicis. Terms weren't disclosed. The five-year-old shop concentrates on on "multichannel...

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Taylor Nelson continues to recommend rejection of WPP bid

LONDON (MarketWatch) -- British market-research firm Taylor Nelson Sofres on Monday reiterated its recommendation that shareholders reject the takeover offer from advertising giant WPP Group Plc . It noted that that WPP received only 8.6% of TNS shares in a public tender. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information...

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Washington State Lottery is selecting new advertising agency

Advertising agency WPP Group’s Cole & Weber United appears to be the winner of the Washington State Lottery contract.

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Ad Industry Roundup: WPP/TNS; YouTube; CNBC; Media Kitchen

-- TNS still resisting WPP takeover : Even though German audience measurement firm GfK has pulled the plug on its bid to merge with British research company Taylor Nelson Sofres, that does not mean smooth sailing for WPP Group's takeover plan. The company is reiterating its complaint that WPP's offer is too low. It has the support of Cedar Rock, a British fund manager and TNS' largest shareholder,...

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Poisoned Dwarf poised to expand empire... Again!

Today's news in AdAge that German research firm GfK has dropped its bid to acquire Taylor Nelson Sofres, paves the way for WPP Group to acquire the London-based market research giant. This means the "Height Challenged One" is getting very...

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German firm GfK pulls out of TNS takeover

GfK, the German market information group, has pulled out of the running to take over Taylor Nelson Sofres (TNS), its UK counterpart, leaving Sir Martin Sorrell's WPP Group as the only (hostile) bid in town.

4Vote!

Facebook Penetration Still Weak In Asia; Malaysians Overwhelmingly Choose Friendster

With ad agencies like WPP Group increasingly focused on Asia, Nicholas Guan, a Social Media Researcher at the ad holding company's OgilvyOne unit, decided to look at the prospects for marketers considering ads across Facebook. The verdict: Facebook is fine for reaching Americans and those educated in the west, but there are plenty of other social nets throughout Asia that are much more popular. Using...

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August 27, 2008 - GfK abandons prospect of TNS bid

Click here for wireless version: http://r.smartbrief.com/resp/mgoApOlSfhkuheCibSlOIrJo August 27, 2008 News for the advertising, media, and marcom industries Top Story GfK abandons prospect of TNS bid It appears that ad holding company WPP Group will succeed with its $2.02 billion hostile takeover bid for market-research firm Taylor Nelson Sofres PLC . German firm GfK AG reportedly is removing itself...

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WPP Lone Bidder for TNS, as GfK Drops Acquisition Plans

GfK informed the TNS board last night that it is no longer seeking pursuing a bid, leaving WPP Group as the sole bidder for the company. TNS, the research company that has been pushing into the...

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Research Company Loses One Suitor and Rejects Another

The British market research company Taylor Nelson Sofres rejected again a hostile bid from the WPP Group, but analysts said the company would have difficulty evading WPP.

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GfK abandons battle for Taylor Nelson, clears path for WPP

GfK AG, Germany’s largest market research firm, has abandoned the battle for U.K. peer Taylor Nelson Sofres Plc, opening the door for rival bidder WPP Group Plc to walk away with the prize.

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CORRECT: GfK drops effort to bid for Taylor Nelson

TEL AVIV (MarketWatch) -- GfK AG, the Nuremberg, Germany, market-research provider, dropped its effort to negotiate a deal for Taylor Nelson Sofres, GfK said on Wednesday. Media reports say the move clears the way for WPP Group, the UK advertising giant, to pursue its offer for Taylor Nelson, the London market-research group. But on Wednesday Taylor Nelson also urged its holders to reject WPP's about...

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Advertising giant WPP expected to win TNS: report

Advertising giant WPP Group PLC is expected to buy British rival Taylor Nelson Sofres PLC now that GfK AG has abandoned its own efforts to negotiate a purchase of the firm, according to a media report Tuesday.

2Vote!

Microsoft Might Set Avenue A Loose

Microsoft is in talks to sell online ad firm Avenue A/Razorfish to WPP Group, Advertising Age ( Marketing VOX). Microsoft inherited Avenue A with its $6 billion in 2007. Avenue A is currently...