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Y&R prices secondary offering

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New York -- Young & Rubicam Tuesday announced the pricing of a secondary public offering of 15 million shares of common stock at $37.25 per share. In addition, certain selling stockholders granted the underwriters a 30-day option to purchase up to 2.25 million additional shares of common stock solely to cover over-allotments. The offering is being made in the United States and internationally.
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