Clear Channel Communications, San Antonio, and Universal Outdoor, Chicago, agreed on a record-setting $1.7 billion stock-swap merger; along with Clear Channel's spring purchase of Eller Media, the combined group would be one of the largest out-of-home media groups worldwide.
Austin Nichols & Co. heard pitches for its estimated $10 million Wild Turkey whiskey business last week and is expected to announce a winner by Oct. 29.
H.J. Heinz Co., Pittsburgh, to Fallon McElligott, Minneapolis, for its its $8 million to $10 million Weight Watchers frozen food account. Lowe & Partners/SMS had handled on a project basis previously.
Aramis, a division of the Estee Lauder Cos., will introduce Hilfiger Athletics next April, its third fragrance with designer Tommy Hilfiger, with an estimated $16.5 million in advertising from Toth Design, Concord, Mass.
Gerber Products Co. is introducing its first line of organic baby foods under the Tender Harvest brand name and is believed to be planning a TV advertising campaign from Noble & Associates, Springfield, Mo.
Copyright October 1997, Crain Communications Inc.