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Omnicom Group Inc. is an American global media, marketing and corporate communications holding company, headquartered in New York City. Omnicom's branded networks and specialty firms provide services in four disciplines: advertising , customer relationship management (CRM), public relations and specialty services .
Omnicom (OMC) benefits from consistency and diversity of operations and increased focus on delivering consumer-centric strategic business solutions, which drive profits.
The stock opened at US$18 a share, but shot up to $38 a share, making Stewart an instant billionaire. On August 6, 2002, a class action was filed against Martha Stewart Living Omnimedia, Inc. for misleading investors by issuing materially false and misleading statements, and its officers using insider information to avoid losses.
The stock of Omnicom Group (NYSE:OMC, 30-year Financials) gives every indication of being modestly overvalued, according to GuruFocus Value calculation.
The proposed merger of Publicis and Omnicom was a proposed advertising industry merger between Publicis and Omnicom, announced on July 28, 2013.The resulting company would have been called Publicis Omnicom Group, and would have been the world's biggest advertising group with market capitalisation of $35.1 billion, pro-forma revenue of $22.7 billion, and more than 130,000 employees across the ...
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