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Interpublic's (IPG) top line benefits from solid organic growth and strategic acquisitions.
The Interpublic Group of Companies, Inc. (IPG) is an American publicly traded advertising company.The company consists of five major networks: FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare.
The Interpublic Group of Companies, Inc. (NYSE:IPG), which is in the media business, and is based in United States...
Interpublic - which also owns McCann, Mediabrands and MullenLowe - reported revenue of $2.18 billion for the first quarter, in line with market expectations according to LSEG data.
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Notably, "Interpublic had to restate earnings downward by $181.3 million, because of accounting irregularities that first emerged in August 2002." Upon Bell's retirement in 2006, he became sole chairman. In October 2020, IPG announced that Phillippe Krakowsky would be succeeding Roth as the company's CEO on January 1, 2021.
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