MediaVest, Western rethink deal

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A proposed media deal between MacManus Group's MediaVest and Interpublic Group of Cos.' Western Initiative Media Worldwide is said to have hit some snags after MediaVest Chairman-CEO Irwin Gotlieb announced he would leave to take the top job at WPP Group's MindShare. MacManus also is said to be considering a deal with Grey Advertising's MediaCom, although those talks are believed less serious than those with Interpublic.

Copyright September 1999, Crain Communications Inc.

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